Question
Coca Cola is attempting to price a new bond issue and one of their analyst is calculating the current YTM outstanding on one of Coca
Coca Cola is attempting to price a new bond issue and one of their analyst is calculating the current YTM outstanding on one of Coca Cola's old bond issues. Find the YTM a corporate bond that has a remaining maturity of 8 years, pays interest semi-annually, has a coupon rate of 3.25%, and a PAR value of $1,000. The bond is currently trading for 85% of PAR.
| Remaining Maturity | 8 Years |
| Pays Interest | Semi-annually |
| Coupon Rate | 3.25% |
| PAR | $1,000 |
| Trading for % of PAR | 85% |
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Bitcoin A Beginner S Guide
Authors: Benjamin Hart
1st Edition
0578389533, 978-0578389530
