Bond is an annual-coupon bond

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Reference no: EM131597495

Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. How much you will pay for the bond if you purchased the bond today? The answer should be calculated to two decimal places

Company Price Coupon Rate Maturity Date YTM Current Yield Rating

Robin Hood 86.129 9.894 2-15- 2040 - - D

Reference no: EM131597495

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