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. How much
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. How much you will pay for the bond if you purchased the bond today? The answer should be calculated to two decimal places (PLEASE SHOW WORK. I have the answer to this question, I just need to know how to get there. Thanks!)
| Company |
Price |
Coupon Rate | Maturity Date |
YTM | Current Yield |
Rating |
| Robin Hood | 132.171 | 9.337 | 2-15- 2020 | - | - | D
|
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The Freedmans Handbook A Practical Guide To Wealth
Authors: Wilfred Brown, Adrian Tullock
1st Edition
1478748400, 978-1478748403
