The following appeared in Yahoo! Finance (reports.finance.yahoo.com) regarding outstanding bonds by Citigroup Inc. a. Discuss the relation

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The following appeared in Yahoo! Finance (reports.finance.yahoo.com) regarding outstanding bonds by Citigroup Inc. image text in transcribed

a. Discuss the relation among the coupon rate, price, and yield for the bond maturing in 2028.

b. Compare the yields on the two bonds. Why are the yields different when the credit ratings are the same?

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Financial And Managerial Accounting For MBAs

ISBN: 9781618533593

6th Edition

Authors: Peter D. Easton

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Question Posted: Mar 03, 2024 06:01 AM

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The following appeared in Yahoo! Finance (reports.finance.yahoo.com) regarding outstanding bonds by Citigroup Inc. a. Discuss the relation

Question:

Price 123.97 103.05 Coupon (%) 6.625 4.950 Maturity 2028 2043 Yield to Maturity (%) Fitch Ratings 4.339 4.758 AA A

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Financial And Managerial Accounting For MBAs

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