Is bond selling at premium or discount why ensure to

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Go to the Yahoo Finance Bonds Center.

1. Under: Features / BOND LOOKUP / Find Bonds by Name:
2. Type in the first letter of your last name.
3. Under "Type" Choose one of the "Corp" Bonds.

Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond?

Reference no: EM13475539

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