What is the bond current yield

Assignment Help Finance Basics
Reference no: EM132589780

A bond matures in 11 years and with a coupon rate of 8.8 percent. Coupons are paid semi-annually. The bond has a face value of $1,000 and currently sells for $972.25. What is the bond's current yield (enter answer as a percentage)?

Reference no: EM132589780

Questions Cloud

Prepare the interest payment entry for troubled on december : Using time value of money tables, a financial calculator, and computer spreadsheet functions, discuss whether or not Troubled should record a gain
Discrete time model and the black-scholes : Explain what we mean when we say that the binomial model is a discrete time model and the Black-Scholes-Merton model is a continuous time model.
Describe your classroom management plan : Describe your classroom management plan. This can simply be the poster you created for the Week Three, Discussion Two forum, or you can develop a summary.
Normal and a lognormal distribution : Explain the difference between a normal and a lognormal distribution as it pertains to stock prices.
What is the bond current yield : What is the bond's current yield (enter answer as a percentage)?
Calculate the implicit gains or losses : Recently, your MNE in Malaysia has just bought fabrics from a U.S. company, with payment of $1 million due in 6 months.
Balance the accounts at the end of the month : Prepare books of original entry to record the transactions. Record the opening entries in the general journal. Balance the accounts at the end of the month.
Cloud-computing data services and broad-band access : Imagine that IBM has decided to diversify into the telecommunications business to provide online cloud-computing data services and broad-band access
Are formal standardized tests acceptable to use in preschool : Are Formal Standardized Tests acceptable to use in preschool? Do you think teachers are adequately prepared to use assessment data to make instructional.

Reviews

Write a Review

Finance Basics Questions & Answers

  Which of the following statements is true a npv should

which of the following statements is true?a npv should never be used if the project under consideration has

  What is the rmse

Consider the Pre-Crisis worksheet data. Partition the data into training (50 percent), validation (30 percent), and test (20 percent) sets.

  How many dollars of revenue must the company generate

Circle K Furniture has a contribution margin ratio of 16%. If fixed costs are $176,800, how many dollars of revenue must the company generate in order to reach the break-even point? a) $1060,800 b) $1,105,000 c) $282,880 d)$208,476

  Forward rate agreements fra

Which of these is the MOST accurate statement about Forward Rate Agreements 'FRA' a. Forward rate agreements are used to manage currency exchange risk b. Forward rate agreements can be used by corporations planning to borrow in the future to protect..

  Comment on the key drivers affecting the stock price

Today's dividend is $10. Expected rate of return in the market is 15% and the firm's growth rate is 12%. The firm pays out 10% of its growth as dividend. Comment on the key drivers affecting the stock price.

  What is the firm optimal capital budget

The managers of American Medtronics are evaluating the following four projects for the coming budget period. What is the firm optimal capital budget

  Calculate green current production and total cost

Essential Sdn Bhd produces recycled garbage bag. Currently, they are using 8 units of capital and 20 workers. Payment for the capital is $25/unit

  Discuss the core business objectives

Discuss the core business objectives and the primary focus of the financial business model.

  What will be his realized yield

Jorge Cabrera paid $980 for a 15-year bond 10 years ago. The bond pays a coupon of 10 percent semiannually. Today, the bond is priced at $1,054.36. If he sells the bond today, what will be his realized yield?

  Given the information on the company

You are given the information on the company. Total market value is= $38 million. Company's capital structure, given here, is considered to be optimal.

  Current equity valuations in order to recommend strategic

Throughout this course, you will prepare a comprehensive financial analysis and proposal (excluding tables, figures, and addenda) that will demonstrate your understanding of key financial concepts, strategies, and practices.

  When do sports marketers use personal selling

When do sports marketers use personal selling? Describe, in detail, the steps in the strategic selling process

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