Question
QUESTION 7 The Coca Cola bonds have a par value of $1,000, coupon rate of 2.75% payable semiannually, and maturity date on 6/1/2060. Assume that
QUESTION 7
The Coca Cola bonds have a par value of $1,000, coupon rate of 2.75% payable semiannually, and maturity date on 6/1/2060. Assume that on 6/1/23, the annual yield of this bond is 5.49%. What would be the most that you would pay for this bond as of 6/1/23?
| $558.10 | ||
| $568.19 | ||
| $669.86 | ||
| $684.16 |
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
