to the bond listing table below to determine which of the two bonds, BUD.ID or GE.HMX, is producing the greater yield to maturity? Click the icon to view the bond listing from the table below. oose the correct bond below that produces greater yield to maturity. A. GE.HMX B. BUD.ID C. Both bonds produce equal current yield. Bond Listing from Wall Street Journal Online 1 Issuer Name CITIGROUP GENERAL ELECTRIC CAPITAL D 2 3 Symbol Coupon C.HRY 8.500% GE.HMX 5.500% 4 Maturity May 2019 Jan 2020 5 Rating Moody's/S&P/ Fitch A3/A/A+ Aa2/AA+/- - 6 7 8 High Low Last Change 119.268 116.615 117.733 0.448 105.307 102.374 103.097 -0.028 9 Yie 5.9 5.0
to the bond listing table below to determine which of the two bonds, BUD.ID or GE.HMX, is producing the greater yield to maturity? Click the icon to view the bond listing from the table below. oose the correct bond below that produces greater yield to maturity. A. GE.HMX B. BUD.ID C. Both bonds produce equal current yield. Bond Listing from Wall Street Journal Online 1 Issuer Name CITIGROUP GENERAL ELECTRIC CAPITAL D 2 3 Symbol Coupon C.HRY 8.500% GE.HMX 5.500% 4 Maturity May 2019 Jan 2020 5 Rating Moody's/S&P/ Fitch A3/A/A+ Aa2/AA+/- - 6 7 8 High Low Last Change 119.268 116.615 117.733 0.448 105.307 102.374 103.097 -0.028 9 Yie 5.9 5.0
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:Refer to the bond listing table below to determine which of the two bonds, BUD.ID or GE.HMX, is producing the greater yield to maturity?
Click the icon to view the bond listing from the table below.
Choose the correct bond below that produces greater yield to maturity.
O A. GE.HMX
OB. BUD.ID
O C. Both bonds produce equal current yield.
Bond Listing from Wall Street Journal Online
1
Issuer Name
CITIGROUP
GENERAL
ELECTRIC
CAPITAL
KRAFT FOODS
BANK OF
AMERICA
ANHEUSER-
BUSCH
2
Symbol
C.HRY
GE.HMX
3
Coupon
8.500%
5.500%
4
Maturity
May 2019
Jan 2020
5
Rating Moody's/S&P/
Fitch
A3/A/A+
Aa2/AA+/- -
KFT.GX 5.375% Feb 2020
BAC.ICB
Jun 2019
7.625%
BUD.ID 5.375% Jan 2020 Baa2/BBB+/-
Baa2/BBB-/BBB -
A2/A/A+
6 7 8 9
High Low Last Change
119.268 116.615 117.733 0.448
105.307 102.374 103.097 -0.028
106.081 101.999 103.411 0.687
113.172 111.839 112.847 0.283
104.693 104.061 104.526 -0.466
10
Yield %
5.940
5.090
4.930
5.786
4.784
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