Maturity bond that pays a coupon rate

Assignment Help Accounting Basics
Reference no: EM13974038

What is the yield to call of a 30-year to maturity bond that pays a coupon rate of 8.62 percent per year, has a $1,000 par value, and is currently priced at $838? The bond can be called back in 4 years at a call price $1,071. Assume annual coupon payments. Round the answer to two decimal places in percentage form.

Reference no: EM13974038

Questions Cloud

Prepare a bank reconciliation : Further checking shows the bank statement figure is the correct one. Prepare a bank reconciliation for August 2004.
What is the focal problem define and explain : What is the focal problem? Define and explain. Why is there a need for some form of treatment for this population and problem? Why is the group approach a more viable form of treatment than individual therapy
Potential problems for financial statement users : Off-Balance sheet financing activities creat potential problems for financial statement users. 1. What is meant by off-balance sheet financing?
Why did the u.s. senate refuse to ratify the peace treaty : Which nations and peoples attended the Paris Peace Conference? What nations did not? Which nations and mandates were created at the conference?
Maturity bond that pays a coupon rate : What is the yield to call of a 30-year to maturity bond that pays a coupon rate of 8.62 percent per year, has a $1,000 par value, and is currently priced at $838? The bond can be called back in 4 years at a call price $1,071.
How it can be best used to leverage knowledge of students : This idea refers to ways of teaching that moves learning out from the classroom and into all aspects of a person's life. Other voices have focused more on the philosophy of the university and how it can be best used to leverage the knowledge of st..
Find out the company cost of capital : Tall Trees, Inc is using the net present value (NPV) when evaluating projects. You have to find the NPV for the company's project, assuming the company's cost of capital is 11.23 percent.
Which are not according to mark a noll. : What characteristics that marked the Reformation period ,1517-1661, are still present in evangelical Christianity today and which are not according to Mark A Noll.
Paper on the story of jennifer thompson and ronald cotton : Essay Directions: Write a reflection paper on the story of Jennifer Thompson and Ronald Cotton. In your essay, use your knowledge of the scientific study of memory (especially on eyewitness testimony) and discuss what specific errors authorities ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Estimate the cost of the merchandise destroyed

Estimate the cost of the merchandise destroyed and briefly describe the situations in which the gross profit method is useful.

  Company annual net cash inflows

In addition, Austin estimates that the new machine will increase the company's annual net cash inflows by $35,000. The machine will have a 12-year useful life and no salvage value.

  What is the proper amount of operating income that should

at year-end the accounting department at bell-jones industries had prepared the followingbalance sheet and income

  Complete the whole statement of cash flows

Complete the whole statement of cash flows

  Negatively and positively affect the environment

how human behavior can negatively and positively affect the environmentPrepare a 1,150- to 1,400-word paper in which you explore how human behavior can negatively and positively affect the environment. As a part of your paper be sure to address th..

  Determine the length of the inventory conversion period

Determine the length of the inventory conversion period. Determine the length of the receivables conversion period. Determine the length of the operating cycle.

  Improve internal controls over the assets that you own?

improve internal controls over the assets that you own?

  A 25-room budget motel expects its occupancy next year to

a 25-room budget motel expects its occupancy next year to be 80 percent. the owners investment is 401600. they want an

  Tom cruise lines inc issued bonds five years ago at 1000

tom cruise lines inc. issued bonds five years ago at 1000 per bond. these bonds had a 25-year life when issued and the

  A product sells for 200 per unit and its variable costs

a product sells for 200 per unit and its variable costs per unit are 130. the fixed costs are 420000. if the firm wants

  When the corporation issuing the bonds has the right to

1. under the equity method the receipt of cash dividends on an investment in common stock of vallerio corporation is

  Does anyone have the answersolution to the comprehensive

does anyone have the answersolution to the comprehensive problem chapter 3 to 7 for accounting principles by jerry j

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