Question: Use the information given in the following table for an ABM bond to answer the two questions below Current Rating rate Today is October 01,

Use the information given in the following table for an ABM bond to answer the two questions below Current Rating rate Today is October 01, 2017 Type Issue Price Coupon Maturity YTM date ABM April $896.20 ? 4-01- 10% Bond 01 2025 2003 date yield ? AA Assume semi-annual interest payments and par value of the ABM bond of $1,000. Use percentage denomination (% sign) and two decimals. For example, if your answer is 7.256 percent, enter 7.26% What is the coupon rate of the ABM bond? What is the current yield of the ABM bond? The is the yield an individual would receive if the individual purchased the bond today and held the bond to the end of its life. 1) current yield 2) prime rate 3) coupon rate O 4) yield to maturity
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