Homework #4G (Bonds Quotes)
Question 6 (1 point)
Assume that today’s date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.
Calculate the bond’s current yield.
Round the answers to two decimal places in percentage form. (Write the percentage sign in the “units” box).
Place an order in 3 easy steps. Takes less than 5 mins.