Assume that today’s date is April 15, 2015
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.
Calculate the bond’s current yield.
Round the answers to two decimal places in percentage form.
Company: Fresh Bakery
Price: 125.910
Coupon Rate: 10.461
Maturity Date: 04-15-2024
YTM: –
Current Yield: ?
Rating: AA