Assume annual coupon payments

Assignment Help Finance Basics
Reference no: EM132545900

What is the yield to call of a 20-year to maturity bond that pays a coupon rate of 11.13 percent per year, has a $1,000 par value, and is currently priced at $1,143? The bond can be called back in 5 years at a call price $1,083. Assume annual coupon payments.

Round the answer to two decimal places in percentage form.

Reference no: EM132545900

Questions Cloud

Describe liquidation accounting : Describe liquidation accounting. Identify when liquidation is imminent. Explain initial and subsequent measurement
Require an effective annual interest rate : You are considering a 10-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually.
Explain how personal challenges have changed entrepreneur : List the entrepreneur's name, company, and position. In addition, research this person to learn more about who they are and how they use the entrepreneurship.
When it appropriate to attribute person diagnosed condition : In your discussion post, address the following: When is it appropriate to attribute a person's diagnosed condition as the function of his or her behavior in an.
Assume annual coupon payments : What is the yield to call of a 20-year to maturity bond that pays a coupon rate of 11.13 percent per year, has a $1,000 par value
How much is the cost of inventory purchased : FUZZY Company reported a balance of $6,075 million in Inventory at the beginning of 2009, How much is the cost of inventory purchased during 2009
Conduct the internal audit as per the audit plan : Write down the details to be discussed in the closing meeting with the key person in accordance with the audit plan - Conduct internal audit as per audit plan
Effectiveness of vulnerability management programs : Examine the effectiveness of vulnerability management programs of organizations when utilizing third party vendors for threat intel
What would cigna stock value be : What would Cigna's stock value be if the dividend was expected to grow at a constant -5 percent? 0 percent? 5 percent?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine the best decision for the medical professionals

Suppose you helped the medical professionals analyze their decision using expected monetary value as decision criterion. This group has also assessed their utility for money:

  Discuss a company in the news today

Use concepts such as interest rates, the Fed trade issues that we discussed in the course.

  Conduct a complete bond refunding analysis

Conduct a complete bond refunding analysis. What is the bond refunding's NPV? Do not round intermediate calculations.

  When the genesis and sensible essential teams held their

when the genesis and sensible essential teams held their weekly meeting the time value of money and its applicability

  What is the discounted payback period at an interest rate

What is the discounted payback period at an interest rate of 12.8%? Enter your answer as an integer. If the project never pays itself back, enter a 0."

  What was the stock return for the missing year

What was the stock's return for the missing year? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places.

  Calculate the sum of carrying cost and the shortage cost

Suppose XYZ orders 7,000 units per order from the supplier. Calculate the sum of carrying cost and the shortage cost to nearest integer.

  Social media and blogging-what your policy

Read the following Student Materials provided for this assignment: "Social Media and Blogging: What's Your Policy?"

  What is the future value of her savings

If the active fund investor wants the same future value as the passive fund investor, then how much more must she invest per month?

  Average beta of the new stocks added to the portfolio

What should be the average beta of the new stocks added to the portfolio? Do not round intermediate calculations.

  Calculate what johnson would receive from the japanese

spot rates. on june 1 johnson inc. received an order from a japanese customer for 2500000 yen to be paid upon receipt

  What change in nwc occurs at the end of year 1

The tax rate is 20 percent and the required return on the project is 10 percent. What change in NWC occurs at the end of year 1?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd