How many interest payments remain

Assignment Help Finance Basics
Reference no: EM133116367

You have just been offered a bond for $857.93. The coupon rate is 8 percent payable annually, and the yield to maturity on new issues with the same degree of risk are 10 percent. You want to know how many more interest payments you will receive, but the party selling the bond cannot remember. If the par value is $1,000, how many interest payments remain? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

Reference no: EM133116367

Questions Cloud

Prepare the necessary journal entries for evergreen : Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise
Goal of maximizing shareholder wealth : How does the net present value (NPV) rule relate to the goal of maximizing shareholder wealth?
Calculate the average rate of return : You are considering an investment in either individual stocks or a portfolio of stocks. The two stocks you are researching, Stock A and Stock B, have the follow
Explain number of potential irrs : Rearden Metals is considering opening a strip mining operation to provide some of the raw materials needed in producing Rearden metal. The initial purchase of t
How many interest payments remain : You have just been offered a bond for $857.93. The coupon rate is 8 percent payable annually, and the yield to maturity on new issues with the same degree of ri
What is the project operating cash flow for the first year : The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t = 1)? Enter your answer in dollars
Maturity on new issues with the same degree : You have just been offered a bond for $857.93. The coupon rate is 8 percent payable annually, and the yield to maturity on new issues with the same degree of ri
Investment banking interviews : Two questions that could come up in investment banking interviews.
Differentiate preferred stock from common stock : Differentiate preferred stock from common stock. Discuss the benefits associated with the issuance of preferred stock versus common stock

Reviews

Write a Review

Finance Basics Questions & Answers

  Choose two 2 tech stock companies that attempted to make

create a ten to fifteen 10-15 slide powerpoint presentation be creative. be sure to use the speaker notes for the

  Events might cause stocks in general to change price

Indicate whether the following events might cause stocks in general to change price, and whether they might cause Big Widget Corp.'s stock to change price. a. The government announces that inflation unexpectedly jumped by 2 percent last month. b. Big..

  How much will luis have in his account at the time

If the new account earns interest at the rate of 8%/year compounded quarterly, how much will Luis have in his account at the time of his retirement?

  Advantage and disadvantage for three sources of financing

Please answer the following questions relating to how organisations are financed:

  What is hannibals cost of external equity

What is hannibals cost of internal equity. What is hannibals cost of external equity?

  How much interest did the bank receive in year 4

They just remitted payment number 74. How much interest did the bank receive in year 4?

  What fraction of the firm will the fund receive

An entrepreneur seeks $11 million from a VC fund. The entrepreneur and fund managers agree that the entrepreneur's venture is currently worth $25 million.

  What is the explanatory variable in study

a. Is this a survey, an observational study, or a controlled experiment? Explain your answer. b. What is the explanatory variable in this study? What is the response variable?

  Emphasis on the conduct of financial institutions

Please help me these questions with clear explaination and example:

  How many shares will you buy

How many shares will you buy? How did you evaluate the stocks potential?

  Calculate the price of a share of the company common stock

Calculate the price of a share of the company's common stock. Round to two decimal places. Please show step by step.

  Estimate the value of the option using given model

Use the Black-Scholes model to estimate the value of the option. Assume the variance of the project's rate of return is 20.25% and that the risk-free rate.

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