You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): ...

80.2K

Verified Solution

Question

Finance

You find the following quote for a corporate bond ($1,000 par, paying interest semiannually):

Issuer

Name

Symbol

Coupon

Maturity

Moody's/S&P/Fitch

High

Low

Last

Change

Yield%

Home

Depot

HD.GF

4.60%

Aug 2040

Baal/BBB+/BBB+

98.281

97.362

97.726

0.286

5.49%

How much interest you will receive every six months (in US dollars)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students