Tuesday, September 27, 2011

Corporate Bond...

This corporate bond just came across my desk...

Goldman Sachs

5.625% coupon
Maturity Date: 1/15/17
Price $101.00
Yield to Maturity 5.43%
Current Yield 5.56%
S&P Rating A-
Moody's Rating A2
Fitch Rating A

In other words, it costs you $101,000 to buy 100 bonds, and you would get income of $5,625 per year

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