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The Coca-Cola Bonds have semi-annual coupon payments. The Yield to Maturity (YTM) on these bonds was 1.23% as of March 2, 2021. Using the YTM

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The Coca-Cola Bonds have semi-annual coupon payments.

The Yield to Maturity (YTM) on these bonds was 1.23% as of March 2, 2021. Using the YTM as your required rate of return, what is the value of this bond? (Please show your work.)

S&P Rating A+ Moody's Rating A1 Description The Coca-Cola Co 2.875% 03/10/2025 191317BS9 Coupon Maturity 2.875 3/10/2025 Callable Yes

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