Bonds issued by Oxygen Optimization were priced at 1,104 56 dollars 6 months ago The bonds pay semi annual coupons, have a coupon rate of 4 24 percent, just made a coupon payment, and have a face value of 1,000 dollars If the bonds had a percentage return over the past 6 months (from 6 months ago t...

6 months return Current bond price Coupon paym ...

Bonds issued by Oxygen Optimization were priced at 1,104.56 dollars 6 months ago. The bonds pay semi-annual

Question:

Bonds issued by Oxygen Optimization were priced at 1,104.56 dollars 6 months ago. The bonds pay semi-annual coupons, have a rate of 4.24 percent, just made a payment, and have a of 1,000 dollars. If the bonds had a percentage return over the past 6 months (from 6 months ago to today) of 3.72 percent, then what is the current yield of the bonds today? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...