EdSuccess
Apr 2, 2008, 09:44 AM
How do you find the bond price of an issuer,KFT, given the Coupon rate of 6.125 and Current Spread of 218??
Norman Kennedy
Sep 25, 2008, 08:12 AM
How do you find the bond price of an issuer,KFT, given the Coupon rate of 6.125 and Current Spread of 218??
Noncallable bond matures in 10 years. They have a par value f $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.00%, at what price should the bonds sell?