How many years is it until this bond matures

Assignment Help Financial Management
Reference no: EM13911556

The Lo Sun Corporation offers a 5.6 percent bond with a current market price of $837.50. The yield to maturity is 9.22 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures? 11.85 years 2.96 years 5.93 years 11.33 years 29.91 years

Reference no: EM13911556

Questions Cloud

Calculate and show the external funds that must be raised : Cash 320 Receivables 1600 Inventories 2400 Total Current Assets 4320 Fixed Assets 2400 Total Assets 6720 AP 240 NP 400 Accruals 200 Total Current Liabilities 840 Long Term Debt 1600. Using the AFN equation, calculate and show the external funds that ..
What is weighted average cost of capital : Union Brick Inc. (UBI) has a total market value of $200 million, consisting of 2 million shares of common stock selling for $50 per share and $100 million of 10 percent perpetual bonds currently selling at par. What is UBI's weighted average cost of ..
Unearned revenues rent on december : Unearned revenues rent. On December 1, 2013, an advance rent payment of $12,900, representing a three month prepayment for the months of December, January, and February, was received in cash from the company's tenant.
How you see the concepts of social justice : Use the concepts from your text and the lecture (and, optionally, the supplemental reading) to discuss how you see the concepts of social justice and criminal justice as being in harmony and/or in conflict
How many years is it until this bond matures : The Lo Sun Corporation offers a 5.6 percent bond with a current market price of $837.50. The yield to maturity is 9.22 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
New debt and used this to buy back stock-after the recap : ABC Printing Inc. raised $140 million in new debt and used this to buy back stock. After the recap, ABC's stock price is $7.6. If ABC had 70 million shares of stock before the recap, how many shares, in millions, does it have after the recap? (Enter ..
Compute the year six future value of deposits made in years : Given a 5 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,050, $1,250, $1,250, and $1,550.
The effects of the payroll accrual : For the payroll period ended on June 25, 2013, gross pay was $14,300, net pay was $10,200, FICA tax with holdings were $1,000, income tax with holdings were $2,500, and medical insurance contributions were $600.
Bond that pays interest annually yields a rate of return : A bond that pays interest annually yields a rate of return of 8.00 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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