Question
You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): Issuer Name Symbol Coupon Maturity Moody's/S&P/Fitch High Low Last Change Yield%
You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): Issuer Name Symbol Coupon Maturity Moody's/S&P/Fitch High Low Last Change Yield% Home Depot HD.GF 4.625% Aug 2015 Baal/BBB+/BBB+ 98.281 97.362 97.726 0.286 5.49% What was the range of the price for the given day? How many dollars would you receive from each coupon payment? Approximately what risk level is implied by the bond rating? What would have been the Last Price on the day before?
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
