Question: Assume that today's date is April 15, 2015. The Fresh Bakery, Inc. bond is an annual-coupon bond. The par value of the bond is $5000. How much will you pay for the bond if you purchase the bond today?
The answer should be calculated to two decimal places.
Company |
Price |
Coupon Rate |
Maturity Date |
YTM |
Current Yield |
Rating |
Fresh Bakery |
119.04 |
5.049 |
04-15-2026 |
|
|
AA
|