Question
Go to the Yahoo Finance Bonds Center 1.Under: Bonds Center click Bond Screener: 2.Click the Corporate check box under Bond Type then click Find Bonds.
Go to the Yahoo Finance Bonds Center
1.Under: Bonds Center click Bond Screener:
2.Click the Corporate check box under Bond Type then click Find Bonds.
Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond?
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
7th Edition
0538877766, 9780538877763
