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if you can help with #40 that would be great! Use the following to answer Question 37-40 Bonds McLeod 11 09 Cur Yld Vol. 20
if you can help with #40 that would be great!
Use the following to answer Question 37-40 Bonds McLeod 11 09 Cur Yld Vol. 20 2 Close 65 1/2 Net Chg -1/2 a 37. On this trading day, the number of Mcleod bonds which changed hands was: 20 b. 200 C. 2,000 d. 20,000 e. 65,500 a 38. Assume this bond's face value is $1,000. What is the bond's current market price? $34.00 b. $65.50 C. $340.00 d. $655.00 e. $6,550.00 1 39. What is the current yield for this bond? (Assume semiannual coupons.) 11.0% b 14.2% 16.8% d. 18.9% e. 20.45 a. a 40. Assume this bond has a face value of $1,000. On the previous trading day, this bond must have closed at a price of? $558.00 b. $559.00 $660.00 d. $661.00 $662.00 C e Step by Step Solution
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