Question
The following is a price quote of a bond issued by KTT Corp. on 11/2/2018: Price Coupon(%) Maturity YTM (%) Current Yield (%) _______________________________________________________ 103.75
The following is a price quote of a bond issued by KTT Corp. on 11/2/2018: Price Coupon(%) Maturity YTM (%) Current Yield (%) _______________________________________________________ 103.75 5.25 June 15, 2034 4.98 5.060 What is the price of a unit of this bond?
a. $1,000
b. $1,037.5
c. $1,052.5
d. Information is not available in the price quote.
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Statistical Audit Automation The Principles Of Statistical Sampling Of Business Accounts
Authors: Nathan Poeschl
1st Edition
B0B17YP1SR, 979-8829041991
