Assume its face value is $3,000 and coupons are paid semi-annually. Yield: 4.12 change -5.20 Last 115.02

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Assume its face value is $3,000 and coupons are paid semi-annually.

Yield: 4.12

change -5.20

Last 115.02

maturity. Nov. 2030

EST Spread 255

QUESTION #1. Using the information above, we can find that the coupon payment each period for Apple is:

QUESTION #2. The annual coupon rate for Apple bond is approximately:

QUESTION #3. The current yield for Apple bond is approximately:

QUESTION #4. Suppose 60 days have passed since the last coupon payment was made. What would be the actual price you would need to pay to the dealer to purchase the Apple bond if there are 182 days in the coupon period?

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 16, 2024 11:16 PM

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Assume its face value is $3,000 and coupons are paid semi-annually. Yield: 4.12 change -5.20 Last 115.02

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Microeconomics An Intuitive Approach with Calculus

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