Question: Issue Rate Date Current Yield Bond AMA Given the following information quoted from yahoo Finance (or Wall Street journal bond section) for today and given
Issue Rate Date Current Yield Bond AMA Given the following information quoted from yahoo Finance (or Wall Street journal bond section) for today and given in the following table. Assume that Today Is February 15, 2009 Type Maturity Coupon Price Dale YTM Rating Aug 2003 7.50% 8-15-2013 6.000% What is the price of this bond (nume a $1,000 per valu)? What is the current yield of this bond?? Hnt Make sure to round all intermediate caldations to at least six decimal places. Fralarawer to be rounded to two decimals, What is the price in dolors of the August 2003 Bnd? (Do not enter a wy Uw comes to separate thousands and use two decimalsRound to the neerval dollar. For example, the price you obtained it 54487.659.321 them ante What is the current yield of the August 2003 bond? s Round to two decin places. You must enter anwar in percentage denomination. For example of the answer you obtained in 0.05247 thon tir 5.25)
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