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Five years ago, you bought $25 mil Face Value of Caterpillar (BBB Rated) 4% 10yr bonds at a YTM of 4.380%. What was the amount
Five years ago, you bought $25 mil Face Value of Caterpillar (BBB Rated) 4% 10yr bonds at a YTM of 4.380%. What was the amount of your initial investment amount (i.e. what was their value when you bought them) ($ in millions, to two decimal places)? Five years ago, you bought $25 mil Face Value of Caterpillar (BBB Rated) 472 10yr bonds at a YTM of 4.375%. What are your holdings worth today, if today the yield on the bonds is 3.720% ($ in millions, to two decimal places)
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