Finance: Bonds Quotes
Question
Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.
How much you will pay for the bond if you purchased the bond today? The answer should be calculated to two decimal places.
Company
|
Price
|
Coupon Rate
|
Maturity Date
|
YTM
|
Current Yield
|
Rating
|
Fresh Bakery
|
98.145
|
9.496
|
04-15- 2025
|
-
|
-
|
AA
|