Amazon has a bond outstanding with an AA rating, $1,000 par value and 4.8% coupon rate, paid semiannually. The bond was issued in 2014 and matures in 2034. If the current market price is $1,009.35 what is the yield to maturity of the bond? 2. Macy’s a bond outstanding with a BB+ rating, $1,000 par value and 4.5% coupon rate, paid semiannually. This bond was issued in 2014 matures in 2034 and sells for $737.20. What is the yield to maturity of this bond?
Amazon has a bond outstanding with an AA rating, $1,000 par value and 4.8% coupon rate, paid semiannually. The bond was issued in 2014 and matures in 2034. If the current market price is $1,009.35 what is the yield to maturity of the bond? 2. Macy’s a bond outstanding with a BB+ rating, $1,000 par value and 4.5% coupon rate, paid semiannually. This bond was issued in 2014 matures in 2034 and sells for $737.20. What is the yield to maturity of this bond?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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. Amazon has a bond outstanding with an AA rating, $1,000 par value and 4.8% coupon rate,
paid semiannually. The bond was issued in 2014 and matures in 2034. If the current market
price is $1,009.35 what is the yield to maturity of the bond?
2. Macy’s a bond outstanding with a BB+ rating, $1,000 par value and 4.5% coupon rate, paid
semiannually. This bond was issued in 2014 matures in 2034 and sells for $737.20. What is
the yield to maturity of this bond?
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