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. On 1 2 / 1 / 2 0 1 6 , Tyco Intl. ( TYC ) issued a bond with a maturity date of
On Tyco Intl. TYC issued a bond with a maturity date of
The bond offered semiannual coupons paid on and of
each year of $ on a face value of $ It is currently just
after the coupon is paid and the bond is priced at $
a What is the coupon rate on the bond expressed as a percentage with
two decimal places
b What is the term of the bond in years on expressed as a
whole number
c How many coupons remain to be paid on just after the
coupon is delivered ie do not include the
couponexpressed as a whole number
d What is the yield to maturity that would be typically quoted for the
bond on just after the coupon is paid expressed
as a percentage with two decimal places
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