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Determine the last price paid for a bond on this trading day

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Reference no: EM132599664

Question - 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.

1. The annual interest income.

2. The number of bonds bought and sold on this trading day.

3. The last price paid for a bond on this trading day.

Reference no: EM132599664

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