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Kingsman National Brand has bonds that are rated AA by Standard and Poor's. The yield to maturity on AA bonds at the moment is
Kingsman National Brand has bonds that are rated AA by Standard and Poor's. The yield to maturity on AA bonds at the moment is 6.98%. You are trying to value a Klingsman bond that has 10.00 years until maturity and pays a 8.25% coupon. The bond has a $1,000 face value. Suppose that the credit rating of Klingsman is reviewed and upgraded to AA+ by Standard and Poor's. The yield to maturity on AA+ bonds at the moment is 0.10% lower than the previous yield to maturity on Klingsman debt. What will the new price be? Submit Answer format: Currency: Round to: 2 decimal places A bond pays a semi-annual coupon at an APR of 8.50%. The bond will mature in 7.00 years and has a face value of $1,000.00. The bond has a yield-to-maturity of 11.84% APR. What is the current yield for the bond? What is the current yield for the bond? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (exc 0.0924) A bond pays a semi-annual coupon at an APR of 8.50%. The bond will mature in 7.00 years and has a face value of $1,000.00. The bond has a yield-to-maturity of 11.84% APR What is the current yield for the bond? Does this bond trade at a DISCOUNT or a PREMIUM? Answer format: Text Subm
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