Bond Current Yield Sales Close Net Chang GMC 10 1/4 17 12.0 9 105.5 +.125 From t
ID: 2756499 • Letter: B
Question
Bond Current Yield Sales Close Net Chang
GMC 10 1/4 17 12.0 9 105.5 +.125
From the bond listing above complete the following:
A._______is the name of the company.
B._______is the percent of interest paid on the bond.
C._______is the year in which the bond matures.
D._______is the total interest for the year.
E._______was yesterdays closing price of the bond.
F._______was the amount the last bond traded for on this day.
G._______is the total cost of buying 3 bonds on this day (excluding commission).
Explanation / Answer
A. GMC is the name of the company
B. 10 is the percent of interest paid on bond.
C. 2017 is the year in which bond mature
D. 9 is the total interest for the year
E. 105.5 was yesterdays closing price of the bond.
F. 105.375 was the amount the last bond traded for on this day