What is the annual interest

Assignment Help Finance Basics
Reference no: EM131222499

Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is the annual interest?

Reference no: EM131222499

Questions Cloud

What is the defect level before and after applying : Compare both the entry and exit levels of quality for individual QA alternatives. That is, what is the defect level before and after applying these specific QA alternatives.
Paying interest semi-annually : What will be the worth of a bond with a par value of $1000 earning a coupon interest rate of 12% and paying interest semi-annually at the end of the fifth year if the cost of capital is 8%.
Identify the databases and search words you would use : Consider how you would extract the relevant information from the articles. How would you take the information and organize it in a way that was useful? How could you take the step from simply having useful knowledge to gaining wisdom?
What is the annual net income : Their annual expenses were mortgage interest of $65,000, depreciation of 3% of the purchase price of the shopping center, and taxes, repairs, and insurance totaling $64,300. What is the annual net income?
What is the annual interest : Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is the annual interest?
Explain the appropriate use of short-term debt : Explain the appropriate use of short-term debt (such as notes payable) and of spontaneously generated capital (such as accruals and accounts payable) for determining the company's capital structure.
Calculate the pre-tax rate of return : Calculate the pre-tax rate of return in each of these scenarios. A) Buy 1,000 shares of common stock at $50 and sell at $60 one year later.
Is cost a critical factor in your market segment : Consider the specific application environment in your organization, how would different QA alternatives compare? In addition, is cost a critical factor in your market segment? How would it affect the choice of different QA alternatives for your pr..
Discount rates to discount stock dividend payments : Why is it expected to be using higher discount rates to discount stock dividend payments compared to the discount rates used to discount bond coupon payments?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the value of the stock

Swinton Mining has seen its business slowly wind down. It recently paid a dividend of $1.80 per share, but analysts expect the dividend to decrease by 6% per year. If Swinton's required return is 9.5%, what is the value of the stock?

  What is the current yield on pks bonds

PK Software has 9 percent coupon bonds on the market with 25 years to maturity. The bonds make semiannual payments and currently sell for 111.75 percent of par.

  Technique that would enhance working capital management

Analyze cash management technology and make at least one recommendation for another technique that would enhance working capital management. Explain the reasoning behind your recommendation.

  What is the indeterminate effect

When merchandise is sold on credit, what is the indeterminate effect?

  Kathy snow wishes to purchase shares of countdown computing

1. Kathy Snow wishes to purchase shares of countdown computing, Inc. The company's board of directors has declared a cash dividend of $0.72 to be paid holders of record on Wednesday, Sep. 21.a. What day does this stock begin trading ex dividend?b. Wh..

  Prepare a schedule of cost of goods manufactured and sold

the jiffy manufacturing company started operations in 2012 when it acquired 100000 from its owners. during the year

  Calculate roe , eva, cash flows and provide a comparison

Calculate ROE , EVA, Cash Flows and provide a comparison

  Create a brownian motion process for stock returns

1. The inputs are the annualized m, s, and S0 that must be calibrated to an index (say, SX5E). Because of the choice of discretization in (4.71), one should use simple historical returns (as opposed to log),

  Determine the current stock price

Suppose that a fifteen year, $1,000 face value bond pays interest of $37.50 every 3 months. If you require a nominal annual rate of return of 12%, with quarterly compounding,

  Calculate the total return

Immediately after you purchase the bond, yields fall to 7% and remain at that level to maturity. Calculate the total return, if you hold the bond for 5 years and then sell. interest annual.

  Calculate the price of a 10 year bond paying a 6 percent

calculate the price of a 10 year bond paying a 6 percent annual coupon half of the 6 percent semiannually on a face

  Discuss why you would not expect all industries to have a

discuss why you would not expect all industries to have a similar relationship trend to the economy. provide an example

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