How much you will pay for the bond if you purchased the bond

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Question

Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

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

Fresh Bakery

98.145

9.496

04-15- 2025

-

-

AA

Reference no: EM131382782

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