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Homework answers / question archive / 1) Assume that today's date is April 15, 2015

1) Assume that today's date is April 15, 2015

Finance

1) 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 annual coupon interest payments. The answer should be calculated to two decimal places

Company - Fresh Bakery

Price - 92.450

Coupon Rate - 9.431

Maturity Date - 04-15-2032

2) 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. 

Company - Fresh Bakery

Price - 133.518

Coupon Rate - 7.921

Maturity Date - 04-15-2026

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