User Account

All Pages

What is the bond current yield

Assignment Help Finance Basics
Reference no: EM131419900

Celtic, Inc. has a bond with an 11% APR semi-annual coupon and a yield to maturity (YTM) of 9%.  The bond matures in 20 years but is callable in ten years at a call price of $1,055.

  • What is the bond's yield to call (YTC)?
  • What is the bond's current yield?

Provide all the steps please

Reference no: EM131419900

Questions Cloud

What do you see as key difference between using social media : What do you see as the key differences between using social media and traditional media for corporate marketing? What kinds of technologies might be useful when updating a marketing plan to include social media and web applications?
Compute the disbursement float : If Clearwater Glass has an opportunity cost equal to 10 percent, how much would it be willing to spend each year to reduce collection delay (float) by two days? (Hint: Assume any funds that are freed up will be invested at 10 percent annually.)
Find the interna rate of return : Find the interna rate of return (IRR) for the following series of future cash flows. The initial outlay is $504,600.
How many randomly selected employers must we contact : How many randomly selected employers must we contact in order to create an estimate in which we are 98% confident with a margin of error of 5%?
What is the bond current yield : Celtic, Inc. has a bond with an 11% APR semi-annual coupon and a yield to maturity (YTM) of 9%. The bond matures in 20 years but is callable in ten years at a call price of $1,055.
Which is a criticism of the sarbanes-oxley act : When a firm engages in socially responsible activities with a prime focus on reputation: Which of the following is true about value-based cultures? Which of the following is a criticism of the Sarbanes-Oxley Act?
What sample size would produce a margin of error : Suppose we want to cut the margin of error to 4%. What's the necessary sample size?- What sample size would produce a margin of error of 3%?
How does the same firm wish to manage its disbursements : In general, does a firm wish to speed up or slow down collections of payments made by its customers? Why? How does the same firm wish to manage its disbursements? Why?
Purchased the bond today and held : It has an annual coupon rate of 14.47 percent paid semiannually, and has 5-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?

Reviews

Write a Review

Finance Basics Questions & Answers

  Statement regarding ethical decision making

Question 1: Which of the following statements is true about ethical decision making in?

  Bond calculations-discount-premium

Find out the total discount or premium for each issue. Find out the annual amount of discount or premium amortized for each bond.

  Find the probability that at least three

If there are 30 people in a room, use simulation to find the probability that at least three of them will have the same birthday. (Assume that there are 365 days and all people have the equal chance to be born on each single day)

  Calculate present value if the discount rate

A firm can lease a truck for 5 years at a cost of $37,000 annually. It can instead buy a truck at a cost of $87,000, with annual maintenance expenses of $17,000. The truck will be sold at the end of 5 years for $27,000. a. Calculate present value ..

  Describe the three types of project risk

Describe the three types of project risk. Under what situation in each of the types most relevant to the capital budgeting decision.

  What is the expected dividend in year 9

Ted's Tools expects to commence paying an annual dividend three years from now. The first dividend is expected to be $.75 per share with all dividends thereafter increasing by 2 percent annually. What is the expected dividend in year 9?

  What problems may be indicated by an inventory turnover

What problems may be indicated by an inventory turnover ratio that is substantially above or below the industry average?

  Calculate jeffs itemized deductions after considering

Assume that Jeff's AGI is $280,000. Calculate Jeff's itemized deductions after considering the overall phase-out of itemized deductions.

  What is your expected rate of return

The common stock of Bouncy-Bob Moore Co. is selling for $33.84. The stock recently paid dividends of $3 per share and has a projected growth rate of 8.5 percent. If you purchase the stock at the market price, what is your expected rate of return?

  The par value of a bond is 450 the redemption value is 425

the par value of a bond is 450. the redemption value is 425. the bond has nominal annual copoun rate of interest of 4.4

  Computation of npv

Computation of NPV and Using NPV calculations show the present value of the present collection experience.

  The analyst used the overall beta to value

The risk-free rate is 2% and the implied equity premium is 6 %. Your firm's overall bottom-up unlevered beta is 1.2. When examining the latest valuations for a potential investment in a new factory, however, you notice that the analyst used the overa..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd