Question
You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): Issuer Name Home Depot Symbol HDGF Coupon 4.625% Maturity Aug
You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): Issuer Name Home Depot Symbol HDGF Coupon 4.625% Maturity Aug 2015 Moody's/S&P/Fitch Baal/BBB+/BBB+ 1. What was the range of the price for the given day (in dollars)? 2. How many dollars would you receive from each coupon payment (semi-annual)? 3. What would have been the Last Price on the day before? Edit View Insert Format Tools Table High Low Last 98.281 97.362 97.726 Change 0.286 Yield% 5.49%
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
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