Question: USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Last Last EST Est $ Vol Company Ticker Coupon Maturity Price Yield Spread UST (000's) Gen Elec
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
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| Last | Last | EST |
| Est $ Vol |
| Company | Ticker | Coupon | Maturity | Price | Yield | Spread | UST | (000's) |
| Gen Elec | GE | 5% | 9/15/2019 | 98.643 | 5.5% | 62 | 10 | 158736 |
7. Refer to Exhibit 17.1. What annual dollar coupon amount will investors receive?
| a. | $5 |
| b. | $47.50 |
| c. | $4.808 |
| d. | $48.08 |
| e. | $62 |
8. Refer to Exhibit 17.1. What price would you pay in dollars to purchase this bond?
| a. | $62 |
| b. | $9.954 |
| c. | $48.08 |
| d. | $98.643 |
| e. | $995.44 |
9.. Refer to Exhibit 17.1. What is the current yield for this bond?
| a. | 5.07 |
| b. | 5.88% |
| c. | 4.77% |
| d. | 8.125% |
| e. | 4.063% |
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