Determine the current yield of pgold

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Marco Bond is a billionaire who wants to invest some of its petty cash in corporate bonds. You, as the hired financial planner of Marco, suggested the following bonds who all have a yield to maturity of 10% and matures in 15 years:

  • PCOR - 8% annual coupon rate; P1,000 face value
  • PGOLD - 10% annual coupon rate; P1,000 face value
  • PSE - 12% annual coupon rate; P1,000 face value

Problem 1.) Determine the Current Yield of PCOR. *

a. 10.00%

b. 10.42%

c. 9.44%

d. 11.23%

Problem 2.) Determine the Current Yield of PGOLD.

a. 10.42%

b. 10.00%

c. 9.44%

d. 11.23%

Reference no: EM132787183

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