Question
Given: Bond Face or Par Value: $1,000 Current Market Price: $995.34 Time to Maturity: 11 years Coupon: $30 per year, paid semiannually Bond is callable
Given: Bond Face or Par Value: $1,000 Current Market Price: $995.34 Time to Maturity: 11 years Coupon: $30 per year, paid semiannually Bond is callable in five years at $1,030
a. What is the bonds coupon rate?
b. What is the bonds current yield?
c. What is the bonds yield to maturity? (Use financial calculator to solve, list all keystrokes)
d. What is the bonds yield to call? (Use financial calculator to solve, list all keystrokes)
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
