Homework #4G (Bonds Quotes)

Finance

Question 6 (1 point)

Assume that today’s date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

Calculate the bond’s current yield.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the “units” box).

Company

Price

Coupon Rate

Maturity Date

YTM

Current Yield

Rating

Fresh Bakery

98.303

7.282

04-15- 2033

–

?

AA

Your Answer:

Homework #4G (Bonds Quotes)

Finance

Question 6 (1 point)

Assume that today’s date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

Calculate the bond’s current yield.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the “units” box).

Company

Price

Coupon Rate

Maturity Date

YTM

Current Yield

Rating

Fresh Bakery

98.303

7.282

04-15- 2033

–

?

AA

Your Answer: