SALESFORCE CRM4619522 NO 3.7 4/11/2028 A+ 113.817 1.468 Callable
Take the Salesforce bond above, Using that bond,
Calculate the price of the bond using the spot rates.
Discuss the calculated price and explain if it is equal to the current market price.
Please provide a workout on how calculations were done and as well as providing references used. “The textbook Petitt, B., Pinto, J., & Pirie, W. (2019). Fixed income analysis (4th ed.)” can be used as an option with this information being located in chapter 3, section 2.3/
NOTE: First, use the quoted market price to calculate the implied yield-to-maturity. Use this implied yield-to-maturity to calculate the market price out to six decimal points, and use this extended price in your calculations. Use the 30/360 convention.
Should be a minimum of 350 words
0 comments