Bond Info: Coupon Rate 11.875% Quoted Yield 3.000% Maturity Date May 29, 2023 Frequency 2 Tax Rate 20%

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
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Given:
Bond Info:
Coupon Rate
11.875%
Quoted Yield
3.000%
Maturity Date
May 29, 2023
Frequency
Tax Rate
20%
Trade Info:
Settlement Date
April 25, 2022
Face Amount
30,000,000.00
From the settlement date, when is the last coupon date
of the bond?
Answer is in format dd/mm/yyyY
| 29/11/2021
29/05/2021
25/04/2022
Transcribed Image Text:Given: Bond Info: Coupon Rate 11.875% Quoted Yield 3.000% Maturity Date May 29, 2023 Frequency Tax Rate 20% Trade Info: Settlement Date April 25, 2022 Face Amount 30,000,000.00 From the settlement date, when is the last coupon date of the bond? Answer is in format dd/mm/yyyY | 29/11/2021 29/05/2021 25/04/2022
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