Question: Explanation please on how the yield is calculated. If the coupon rate is 1.375% with a principal orf 100 and the price is 96.625. I

Explanation please on how the yield is calculated.
Explanation please on how the yield is calculated. If the coupon rate
If the coupon rate is 1.375% with a principal orf 100 and the price is 96.625. I get a yield of 1.42. 1.375/99.625 = 1.42

Yield Open 0.00% Price 96.625 Yield Day High 0.00% Price Change -0.2188 Yield Day Low 0.00% Price Change % -0.2266% Yield Prev Close 1.725% Price Prev Close 96.8438

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

The ABC Company has net written premiums in the amount of $4.12 billion and a policyholders' surplus of $2.84 billion. LMN Inc. has net written premiums in the amount of $9.85 billion and a...

Q:

Week 4 Homework Assignment This assignment is due by 6 p.m. eastern time on Sunday, September 17.When you turn it in, please: (1) Include your team number and assignment number in the filename(s)....

Q:

Hello, Can I get some help figuring out the "solution" portion of this excel file. Thank you Ross, Westerfield, and Jordan's Spreadsheet Master Fundamentals of Corporate Finance, 10th edition by Brad...

Q:

I need to know how to do the sections under Master It! and Solution Ross, Westerfield, Jaffe, and Jordan's Spreadsheet Master Corporate Finance, 11th edition by Brad Jordan and Joe Smolira Version...

Q:

Hello, I 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond financing? Compare long-term source of financing between Bosnia and...

Q:

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

*For question 2-6. The following 2 years of financial information are for King Corporation. INCOME STATEMENTS (MILLIONS OF DOLLARS) 2023 Sales Operating costs EBITDA Depreciation and amortization...

Q:

Identify service firms that compete on each of the four processes shown in Figure.

Q:

A type of money which is backed by the trust in the institution who has issued it , is called

Q:

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".