What is its yield to maturity

Assignment Help Finance Basics
Reference no: EM133430335

Question: A bond with a face value of $1,000 will mature 7 years from today. This bond pays coupons semi-annually, and it has an annual coupon rate of 6.50%. If this bond is selling for $808.91 today, what is its yield to maturity? (Express your answer as an effective annual rate.)

(Enter your answer to 2 decimal places without any % sign, e.g. if your answer is 6.34%, enter 6.34.)

Reference no: EM133430335

Questions Cloud

Would you recommend the bank to acquire with fintech firms : the facts provided by the case, and (c) "partner with a fintech company" option. Would you recommend the bank to acquire or partner with fintech firms? Why
Compare and contrast the style, tone, and language : Compare and contrast the style, tone, and language of the Declaration of Sentiments with the style, tone, and language of the Declaration of Independence.
Explain the function of mrp system : Explain the function of a MRP system and identify the inputs in to the system, consider the following product structure.
Explain and provide an example of the listening process : Explain and provide an example of the listening process? Each member of the group needs to provide an real life experience.
What is its yield to maturity : If this bond is selling for $808.91 today, what is its yield to maturity? (Express your answer as an effective annual rate.) (Enter your answer to 2 decimal
Implementation of health informatics in healthcare industry : Provide a detailed explanation for three key driving factors that have led to the implementation of health informatics in the healthcare industry?
How do the examples of michael scott and romeo and juliet : How do the examples of Michael Scott and Romeo and Juliet contribute to the development of ideas in the text? Use evidence from the text in your response.
Calculate the accumulated value after ten years of payments : What is the principal from which $2279.00 can be withdrawn at the end of each month for 17.5 years if interest is 5.44% compounded quarterly
Your reasons for choosing these regional consolidations : Write a brief description that explains your reasons for choosing these regional consolidations sites and the flows between them.

Reviews

Write a Review

Finance Basics Questions & Answers

  How do private and public financial markets differ

How do private and public financial markets differ?

  Manufacturing and product patents in the field

Jim D'Addario of the well-known guitar and bass string factory D'Addario Strings in Long Island, NY, is considering two new designs for more efficient

  Calculate the dollar net profit

Claire Gerber wants to buy 200 shares of Google, which is selling in the market for $531.82 a share. Rather than liquidate all her savings.

  Which of these plans causes you the greatest concern

Your financial plan should include plans for managing your liquidity, financing, insurance, investments, and retirement planning. Which of these plans causes you the greatest concern? Which of these plans will be most difficult for you to achieve?..

  If the clinic decides it would like to make a profit of

total fixed costs175000variable costs48 per patientcharges150 per patientusing the above informationdetermine the

  Determining the imports and exports worth

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are ..

  Write a short statement describing the business risk

Write a short statement describing the 'business risk' of the physical therapy business.....including pros and cons...from the viewpoint of growth and stability of revenue and EBITDA.

  Why does the longer-term bond price vary more

What will the value of each bond be if the going interest rate is 5%, 8%, and 12%? Assume that only one more interest payment is to be made on Bond S at its maturity ant that 15 more payments are to be made on Bond L.

  How much inventory could it purchase on account

Speed company has current assets of $150,000 and current liabilities of $60,000. how much inventory could it purchase on account and achieve its minimum desired current ratio of 2 to 1?

  Fair price for one of? cyberdyne zero coupon? bonds

1. Cyberdyne Systems is issuing a series of zero coupon bonds to raise? $500M to fund research and development at its Skynet division.

  Company cost of capital

1. 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 9.83 percent. The initial outlay for the project is $331,077. The proj..

  Determine the dollar amount of equity valuation cash flow

Assume that the cash account includes only required cash. Determine the dollar amount of equity valuation cash flow for 2011. B. Now assume that Global Products' required cash is set at 3 percent of sales. Any additional cash would be surplus cash. R..

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