Question
Question 8 Given the information below; Par value Coupon rate Maturity Current quoted price Yield to maturity $1000 6% May 15, 2020 98.70 6.03% a)
Question 8
Given the information below;
| Par value | Coupon rate | Maturity | Current quoted price | Yield to maturity |
| $1000 | 6% | May 15, 2020 | 98.70 | 6.03% |
|
a) Dollar price of bond? | ||||
| b) Bond current yield? | ||||
| c) Selling at par, discount or premium? Why? |
|
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
