Question
Booker Petroleum Refiners (BPR) has an issue of 12-year, 10% annual coupon bonds outstanding. The bonds, which were originally issued 20 years ago, have a
Booker Petroleum Refiners (BPR) has an issue of 12-year, 10% annual coupon bonds outstanding. The bonds, which were originally issued 20 years ago, have a face value (FV) of $1,000, a yield-to-maturity (YTM) of 9%, and are noncallable. What is the current market price of BPRs bonds?
$1,339.51
$1,178.77
$1,071.61
$910.87
Are the bonds of Booker Petroleum Refiners selling at a discount, at par, or at a premium?
Discount
Par
Premium
What is the current yield on Booker Petroleum Refinerss outstanding bonds?
8.48%
9.33%
7.47%
10.98%
What is the expected one-year capital gain yield on the bonds of Booker Petroleum Refiners?
-0.27%
-0.30%
-0.33%
-0.39%
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