Dr Nick

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    Kaplan University
    Apr-2009 - Mar-2014

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    University of Santo Tomas
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Category > Business & Finance Posted 16 Jul 2017 My Price 13.00

United States make coupon payments semiannually

: Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 23 years to maturity, and a coupon rate of 5.8 percent paid annually. If the yield to maturity is 4.7 percent, what is the current price of the bond?

 

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Dr Nick
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Status NEW Posted 16 Jul 2017 07:07 PM My Price 13.00

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