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You purchase to settle August 13, 2019 a $5,000 semi-annual 4.500% bond issued April 25, 2015 and maturing April 25, 2037. The bond is priced
You purchase to settle August 13, 2019 a $5,000 semi-annual 4.500% bond issued April 25, 2015 and maturing April 25, 2037. The bond is priced to yield 13.375%.
Your first coupon payment of $___?___ will be due on___?___ (mmm d, yyyy)
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