Question
Go to theFINRA Bonds Quick Search(Links to an external site.) Links to an external site. . Click the Corporate check box under Bond Type then
Go to theFINRA Bonds Quick Search(Links to an external site.)
Links to an external site.
.
- Click the Corporate check box under Bond Type then click Show Results.
- Choose any bond.
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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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
