If a 7% coupon bond is trading for $975.00, it has a current yield of ____________ percent.
If a 6% coupon bond is trading for $950.00, it has a current yield of ____________ percent.
If an 8% coupon bond is trading for $1025.00, it has a current yield of ____________ percent.
If a 7.5% coupon bond is trading for $1050.00, it has a current yield of ____________ percent.
A coupon bond pays annual interest, has a par value of $1,000, matures in 4 years, has a coupon rate of 10%, and has a yield to maturity of 12%. The current yield on this bond is ___________.
A coupon bond pays annual interest, has a par value of $1,000, matures in 12 years, has a coupon rate of 11%, and has a yield to maturity of 12%. The current yield on this bond is ___________.
Of the following four investments, ________ is considered the safest.
To earn a high rating from the bond rating agencies, a firm should have