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)

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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