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.
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. Calculate the bond’s current yield.
Round the answers to two decimal places in percentage form.
Company: Robin Hood
Price: 98.903
Coupon Rate: 8.016
Maturity Date: 2-15-2039
YTM: –
Current Yield: –
Rating: D