How much will you pay for the bond

Reference no: EM131938419

Question: Assume that today's date is April 15, 2015. The Fresh Bakery, Inc. bond is an annual-coupon bond. The par value of the bond is $5000. How much will you pay for the bond if you purchase the bond today?

The answer should be calculated to two decimal places.

Company	Price	Coupon Rate	Maturity Date	YTM	Current Yield	Rating
Fresh Bakery	119.04	5.049	04-15-2026			AA

Reference no: EM131938419

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