Finding a bond's current price and yield
Not what you're looking for?
Coupon Maturity Last Price Last Yield Spread EST VOL
UST (000s)
11.0 7/31/09 65.50 ? 104 10 5,100
Assuming this bond's face value is $1,000. What is the bond's current market price?
A $65.00
B. $650.00
C. $6,550.00
D. $655.00
What is the yield on the bond?
A. 18.9%
B. 16.8%
C. 14.2%
D. 11.0%
Purchase this Solution
Solution Summary
The solution describes the methodology to find a bond's current price and yield.
Solution Preview
Assuming this bond's face value is $1,000. What is the bond's current market ...
Education
- BEng (Hons) , Birla Institute of Technology and Science, India
- MSc (Hons) , Birla Institute of Technology and Science, India
Recent Feedback
- "Thank you"
- "Really great step by step solution"
- "I had tried another service before Brain Mass and they pale in comparison. This was perfect."
- "Thanks Again! This is totally a great service!"
- "Thank you so much for your help!"
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Introduction to Finance
This quiz test introductory finance topics.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.