Find the redemption amount on this bond

Assignment Help Financial Management

Reference no: EM13924517

A $2,500 6.5% eight-year bond has annual coupons. If it is purchased for $2,590, the investor will anticipate a 5.4% annual yield for the eight-year investment. Find the redemption amount on this bond.

Reference no: EM13924517

Questions Cloud

Explain that ml high-yield bond index was more correlated : How would you explain that the ML High-Yield Bond Index was more highly correlated with the NYSE composite stock index than the ML Aggregate Bond Index?

Correcting and adjusting entries : Flip is a small company and records adjusting entries & closing entries only at fiscal (calendar) year end. Correcting and adjusting entries have not been recorded.

Find the redemption amount : A $2,000 11% ten-year bond has semiannual coupons and is sold to yield 5.2% convertible semiannually. The discount on the bond is $83.28. Find the redemption amount.

Briefly summarize the criticism offered : Find at least one scholarly article that criticizes the goal of shareholder wealth maximization. Briefly summarize the criticism(s) offered and discuss whether you believe the criticism is valid. In particular, does the article make you question t..

Find the redemption amount on this bond : A $2,500 6.5% eight-year bond has annual coupons. If it is purchased for $2,590, the investor will anticipate a 5.4% annual yield for the eight-year investment. Find the redemption amount on this bond.

What is the value of your equal withdrawals : You have $430,000 in your retirement account, If you plan to retire immediately and decide to invest in an equity which pays 6% interest for future use. What is the value of your equal withdrawals for the next 30 years.

Effective training systems, strategies, and practices : Centralized training means that training and development programs, resources, and professionals are primarily housed in one location and decisions about training investment, programs, and delivery methods are made from inter-related departments.

Annual effective interest rate : Gerry pays $ W to buy a ten-year annuity with end-of-year payments of $ 1,400. This purchase price allows her to replace her capital by means of a savings account that has an annual effective interest rate of 3% and also to earn an overall annual yie..

What does the research show about implicit attitudes on race : After reading the story and your scholarly readings for the week, what advice would you give to any employer who is concerned about prejudice and discrimination in the workplace? What does the research show about implicit attitudes on race

User Account

All Pages