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- Format Painter BI U XX A E S TE. . T Normal No Spac... Heading 1 Heading 2 Title Subtitle Subtle tm.. Emphasis Seed Clipboard Paragraph Styles 1. As of Feb. 24, 2020, one bond of Kraft Heinz Food Co. (BRK) is priced at $955.41 per bond. These bonds carry a coupon rate of 4.375%, make semi- annual payments, mature in 45 years, and have a par value of $1,000. What's the annual YTM on these bonds? [Total sidenote: These high-yield (read: high- risk) bonds are rated Baa3 by Moody's and BBB- by Standard & Poors.) NOTE: The module for Lesson 3 has a link for FINRA bond- market information, for anyone who is further interested. (3 pts.)
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