Question
Use the information below to answer questions 6-10: Issuer name symbol coupon maturity rating Moodys/S&P high low last change Yield % Roper technologiesinc ROP5032325 1.750%
Use the information below to answer questions 6-10:
Issuer name | symbol | coupon | maturity | rating Moodys/S&P | high | low | last | change | Yield % |
---|---|---|---|---|---|---|---|---|---|
Roper technologiesinc | ROP5032325 | 1.750% | 02/15/2031 | Baa/BBB | 93.683 | 92.902 | 93.541 | -0.197 | 2.570047 |
The bond has a face value of $1000 and makes semi annual payments.
question 6: The High of 93.683 can be interpreted as:
- a high price equal to 93.683 percent of the bonds current value
- a high price of 93.683 percent of the bonds face value
- a high price of $93.683 per bond
- a high annual coupon payment of $93.683
question 7: the roper technologies inc bond has a yield to maturity of:
- 2.827052%
- 2.570047% - 1.750000% - 1.870837%
question 8: the roper technologies in bond makes an annual interest payment of:
-$8.75
-$43.75
-$17.50
-$12.85
question 9: roper technologies inc bond currently sells at:
- a premium over par value
- par value
- a discount from par value
- par value less the annual coupon payment
question 10: the roper technologies in bond is a(n) _______ grade bond
-high
-medium
-very low
-low
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started