Current Yield-to-Maturity on an American corporate 5 year Euro bond is 3%. This pays interestannually, at 5%.You've read it looks interesting. It will maturity at par, equal to USD $1,000. Calculate its current price in USD$.

The bond you are interested is quoted on a website. The page quotes in Canadian Dollars though, and in CAD$ it sells at CAD $1,400.What is the implied CAD$/USD$ exchange rate for this bond now?

Answer rating: 100% (QA)

To calculate the current price of the bond in USD and the implied CADUSD exchange rate we need to co... View the full answer