Given bond face or par value 1000 current market price


Given: Bond Face or Par Value: $1,000 Current Market Price: $995.34 Time to Maturity: 11 years Coupon: $30 per year, paid semiannually Bond is callable in five years at $1,030

a. What is the bond’s coupon rate?

b. What is the bond’s current yield?

c. What is the bond’s yield to maturity? (Use financial calculator to solve, list all keystrokes)

d. What is the bond’s yield to call? (Use financial calculator to solve, list all keystrokes)

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Financial Management: Given bond face or par value 1000 current market price
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