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 the
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 the bond's current yield.
Round the answers to two decimal places in percentage form.
Company: Robin Hood
Price: 115.571
Coupon Rate: 10.331
Maturity Date: 2-15-2021
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
