Determine the nominal yield of the bond

Assignment Help Finance Basics

Reference no: EM1364083

A bond with a $114 yearly coupon, maturing in ten years at a value of $1000 has a current market price of $920. Determine the nominal yield of the bond?

A)9.5%
B)12.4%
C)11.4%
D)none of the above

Reference no: EM1364083

Questions Cloud

Write an interface for an abstract method : Write an interface, PointingDevice, containing: an abstract method, getXCoord that returns an int and an abstract method, getYCoord that returns an int.

Calculating the current yield : Ajax Corporation has a bond with a coupon rate of 12 percent, maturing in 15 years at a value of $1000 per bond. The current market price is $960.

Society impacted our ability to listen : Show the importance of listening and In your opinion, has our fast paced society impacted our ability to listen? Explain and support your answer.

Influenza and other diseases : What are the pros and cons for not getting vaccinated for influenza and other diseases?

Determine the nominal yield of the bond : A bond with a $114 yearly coupon, maturing in ten years at a value of $1000 has a current market price of $920. Determine the nominal yield of the bond?

What is the minimum time required : when released from rest from this spot, the particle arrives at B with twice the speed it previously had, or 2vB. Find out the potential at B.

Secure communication if organization uses symmetric cipher : An organization has 300 members. It is desired that each member of the organization be able to communicate securely with any other member. The organization uses a symmetric cipher.

Find the after-tax preferred yield : XYC Company is issuing preferred stock yielding at 10 percent, and ABC Corp. is planning buying the stock. XYZ's tax rate is 20 percent and ABC's tax rate is 34%.

Determine employee training program : The types of outcomes to use in evaluating the improved training process and the evaluation design (justify the choice of design based on minimizing threats to validity and practical considerations

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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!

Submit Assignment

User Account

All Pages