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Assume that today’s date is February 15, 2015. Robin Hood Inc. bond

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Assume that today’s date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. 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

Robin Hood

99.242

9.961

2-15- 2021

–

–

D

 
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