question archive Leonard Church owns a $1000 corporate bond issued by UNSC Financial Company

Leonard Church owns a $1000 corporate bond issued by UNSC Financial Company

Subject:FinancePrice: Bought3

Leonard Church owns a $1000 corporate bond issued by UNSC Financial Company. 

Interest rate  6.75% Volume  107

Maturity Date  2020 Close 100

Current Yield 6.75% Net Change  1.07

 

 

Using the bond information above, determine the following. Round all answers to hundredths.

 

 

The annual interest income is $

 

.

The number of bonds bought and sold on this trading day is 

 

.

The last price paid for a bond on this trading day is $

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE