Question

The outstanding bonds of International Plastics mature in 6 years and pay semiannual interest payments of...

The outstanding bonds of International Plastics mature in 6 years and pay semiannual interest payments of $33.50 each on a $1,000 face value bond. The bonds are currently selling for $1,008.64. The coupon rate is ________ percent, the current yield is ________ percent, and the yield to maturity is ________ percent.

6.70; 6.64; 6.52

6.55; 6.91; 6.75

6.70; 6.78; 6.57

6.55; 6.86; 6.60

Homework Answers

Answer #1

6.70,6.64,6.52

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