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Three part question: Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected
Three part question:
Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%.
Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer.
What other factors may influence the value of a bond?
Bond: http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C585067&symbol=AMZN3936284
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