Question: Assume $1,000 face value. (1) How much would you have to pay to purchase one of these bonds? (2) What is each coupon payment?
Assume $1,000 face value. (1) How much would you have to pay to purchase one of these bonds? (2) What is each coupon payment? (3) What is the current yield? The accrued principal assumes an initial investment of $1,000. Figures after periods in bid and ask quotes represent 32nd's; 101.26 means 101 26/32, or 101.8125% of 100% face value; 99.01 means 99 1/32, or 99.03125% of face value. Maturity= 2030 Jul 15 Coupon = 0.125 Bid = 98.08 Asked = 98.12 Change = 17 Yield*= 0.336 Accrued Principal = 1149
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