What is the bond coupon rate

Assignment Help Finance Basics
Reference no: EM131972266

15-year, semiannual coupon bond sells for $942.01. The bond has a par value of $1,000 and a yield to maturity of 7.17 percent. What is the bond's coupon rate?

Reference no: EM131972266

Questions Cloud

Calculate the propertys annual debt coverage ratio : I've applied for a $4,000,000 loan to make the purchase, the terms of which are a 9.25 percent fixed rate amortized monthly over 25 years with a 7-year term.
What is the cash coverage ratio : Sales of $4,650, costs of $2,450, interest paid of $160, and depreciation of $455. The tax rate is 35 percent. What is the cash coverage ratio?
What is the value of the portfolio in one year : Madeline Manufacturing Inc.'s current stock price is $35 per share. Call options for this stock exist that permit the holder to purchase one share.
Test for the significance of all possible effects : Test for the significance of all possible effects - The data in Table 7 shows one observation per each of the 8 combinations
What is the bond coupon rate : 15-year, semiannual coupon bond sells for $942.01. The bond has a par value of $1,000 and a yield to maturity of 7.17 percent. What is the bond's coupon rate?
Determine the capital recovery based upon an interest rate : If O&M costs equal $2,000 per year and the machine can produce 3,000 units per year, what is the unit cost?
Explain the early theories of motivation : Explain the early theories of motivation and the early leadership theories. Why is it important for managers to understand these theories
What is the market price if the bond : The yield to maturity is 6.7 percent and the bond matures in 18 years. What is the market price if the bond has a par value of $1,000?
What is the minimum required annual savings in labor : A machine costing $35.000 to buy and $4,000 per year to operate will save mainly labor expenses in packaging over six years.

Reviews

Write a Review

Finance Basics Questions & Answers

  He will invest 5000 at the end of each year for the next

jayadev athreya has started his first job. he will invest 5000 at the end of each year for the next 45 years in a fund

  Estimate the mean useful life of a brand

Use a 95?% confidence interval to estimate the mean useful life of a brand A cutting tool when the cutting speed is

  Essay public financial administration

Short Essay Public Financial Administration. Please write a three (3) to five (5) page paper with a minimum of three (3) references, used as in text citations using APA 6th edition citation form and style, reviewing one of the peer-reviewed journal..

  In addition you are told that the firm issued 2600 in new

sheffield co. shows the following information on its 2010 income statement sales 153000 costs 81900 other expenses

  What is the present value of the following annuity

The first deposit is made today. How much money will be in the account at the end of that time period? 2. What is the present value of the following annuity?

  Explain the weakness in lehman''s governance practices

Identify and explain the weakness in Lehman's governance practices.

  What is a debenture

Explain how this repurchase would affect (increase, decrease, or have no effect on) the components of the accounting equation: assets, liabilities, shareholders' equity. Would a gain or loss be recognized on the transaction?

  About her relationship with another man

Explain whether each of the following losses would be covered under Section II in the homeowners policy. If the loss is not covered, explain how coverage can be obtained.

  How has fha achieved the goals for which it was established

Explain the difference between loan underwriting commitments made by the VA and those made by HUD/FHA.

  If a firms costs both variable as well as fixed are known

if a firms costs both variable as well as fixed are known with certainty then what are the only two sources of

  Conceptually most right capital budgeting method

What is your suggestion on this project according to conceptually most right capital budgeting method.

  Project for an amount lower than its book value

In capital budgeting analysis, selling a machine at the end of the project for an amount lower than its book value

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