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Use the following bond quotation: Issuer Symbol Callable Coupon Maturity Rating Price Yield Walmart WMT.IM No 4.875 7/8/2040 Aa2 134.26 2.5 1.) What is the
Use the following bond quotation:
Issuer | Symbol | Callable | Coupon | Maturity | Rating | Price | Yield |
Walmart | WMT.IM | No | 4.875 | 7/8/2040 | Aa2 | 134.26 | 2.5 |
1.) What is the yield to maturity? Enter your answer as a decimal.
2.) If the bond has a face value of $1,000, how much does it currently cost (in $, and ignoring accrued interest)?
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