Question
Consider the following bond quotes for ABC and XYZ Corp. It is June 27, 2020. You must provide equations for each of the questions. Issuer
Consider the following bond quotes for ABC and XYZ Corp.
It is June 27, 2020. You must provide equations for each of the questions.
| Issuer Name | Coupon | Maturity | Last | Change | Yield% |
| ABC Corp. | 4.375 | 12/27/2038 | 92.5133 | -0.315 | ????? |
| XYZ Corp | 0.000 | 06/27/ 2031 | 46.9150 | +0.234 | ????? |
Note that yields for ABC and XYZ Corp bonds are all semiannually compounded.
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(6 points) Supply the missing information (yield%) for each of the bonds.
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(6 points) What are the current yield and expected capital gains yield for the next year for ABC Corp bond?
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(2 points) What was the yesterdays price for ABC Corp bond?
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