The National Post lists a bond with the following information: The bond has a closing price of

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TheNationalPostlists a bond with the following information: The bond has a closing price of 96.96, a coupon of 6.500, maturity date of May 09/10 and Yld% of 6.51%. Which one of the following statements about this bond is correct?

The closing price of the bond on the prior trading day was $1,096.96.
The bond matures in 2009.
The yield to maturity is 6.51%.
The bond is a premium bond.
Each coupon payment is $70.00.

Posted Date: May 18, 2024 04:03 PM

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The National Post lists a bond with the following information: The bond has a closing price of

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