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Based on the bonds' current YTM, calculate the average current yield. I am having trouble understanding what information is needed to do the calculations. I
Based on the bonds' current YTM, calculate the average current yield.
I am having trouble understanding what information is needed to do the calculations. I can not find any real world examples with corporate bonds. For example, use this bond:
http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C553347&symbol=T.MA
What is the bond price?
What is the present value?
What is the PMT?
What is the future value?
I know what the formulas to calculate, just do not know where the information is pulled from for a corporate bond.
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