Refer to the bond listing table below to determine the current bond yield for CMCD.GC. Click the icon to view the bond listing from the table below. ... The current yield of the CMCD.GC bond is. (Type an integer or decimal rounded to the nearest thousandth as needed.)
Refer to the bond listing table below to determine the current bond yield for CMCD.GC. Click the icon to view the bond listing from the table below. ... The current yield of the CMCD.GC bond is. (Type an integer or decimal rounded to the nearest thousandth as needed.)
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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Transcribed Image Text:**Educational Transcript: Calculating Bond Yield**
To determine the current bond yield for CMCD.GC, please follow these steps:
1. **Refer to the Bond Listing Table:**
- Click the icon to view the bond listing from the table below.
2. **Determine the Current Yield:**
- The current yield of the CMCD.GC bond is required.
- Enter the yield as a percentage in the provided box.
- Type an integer or a decimal rounded to the nearest thousandth as needed.
This guidance forms part of an exercise in understanding and calculating bond yields effectively using tabulated data.
Transcribed Image Text:**Bond Listing from Wall Street Journal Online**
This table provides detailed information on various bonds as listed in the Wall Street Journal Online.
1. **Issuer Name**: The company or institution that issued the bond.
- **CITIGROUP**
- **GENERAL ELECTRIC CAPITAL**
- **KRAFT FOODS**
- **BANK OF AMERICA**
- **ANHEUSER-BUSCH**
- **COMCAST CORP**
- **GOLDMAN SACHS**
- **BARCLAYS BANK PLC**
2. **Symbol**: The ticker symbol representing the bond.
- **C.HRY**
- **GE.HMX**
- **KFT.GX**
- **BAC.CIB**
- **BUD.ID**
- **CMCG.CG**
- **GS.IAR**
- **BCG.GYR**
3. **Coupon**: The annual interest rate paid on the bond.
- **8.500%**
- **5.500%**
- **5.375%**
- **7.625%**
- **5.375%**
- **5.150%**
- **5.375%**
- **4.500%**
- **5.000%**
4. **Maturity**: The date when the bond will mature.
- **May 2019**
- **Jan 2020**
- **Feb 2020**
- **Jun 2019**
- **Mar 2020**
- **Mar 2020**
- **Apr 2019**
- **Sept 2020**
5. **Rating (Moody's/S&P/Fitch)**: The credit rating given by Moody’s, Standard & Poor’s, and Fitch.
- **A3/AA+**
- **Aa2/AA+**
- **Baa2/BBB-**
- **A2/AA+**
- **Baa2/BBB+**
- **A2/AA+**
- **A1/AA+**
- **Aa3/AA-**
6. **High**: The highest trading price of the bond during the specified period.
- **119.286**
- **105.307**
- **104.832**
- **113.172**
-
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