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Show work please! Face value = $1,000 Interest payments are semi-annual Coca-Cola Enterprises has a 6-year, 6.75% bond with a yield to maturity of 5.3%.
Show work please!
- Face value = $1,000 Interest payments are semi-annual
Coca-Cola Enterprises has a 6-year, 6.75% bond with a yield to maturity of 5.3%.
- What is the price of the bond?
- Is the bond selling at a premium or a discount?
- What is the current yield on this bond?
2. Ford Motor has a 16-year, 8.9% bond issue selling for $1,402.11.
- What is the yield to maturity on this bond?
- Is the bond selling at a premium or a discount?
- What is the current yield on this bond?
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Finance And Democracy Towards A Sustainable Financial System
Authors: Alessandro Vercelli
1st Edition
3030279111, 978-3030279110
