Question
Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. Calculate annual
Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond.Par value of the bond is $1,000.Calculate annual coupon interest payments.
The answer should be calculated to two decimal places
Company: Robin Hood
Price: 114,758
Coupon Rate: 8.604
Maturity Date: 02-15-2039
YTM: -
Current Yield: -
Rating: D
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
