What is the bond price

Assignment Help Finance Basics
Reference no: EM132379835

Clarow Corp. bonds have a 22-year maturity, a 8.1% coupon, and a par value of $1,000. The going interest rate (rd) is 4.6%. Assuming semiannual compounding, what is the bond's price? Round to two decimal places (Ex. $000.00)

Reference no: EM132379835

Questions Cloud

Explain the two methods used to assign costs to activities : The Receiving Department has three activities: unloading, counting goods, and inspecting. Unloading uses a forklift that is leased for $19,000 per year.
Cost of fulfilling a contract comprises : Do you agree that paragraph 68 of IAS 37 should specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract
Calculate the accumulated value of annuity : Within each year the payments are level. Calculate the accumulated value of this annuity.
What is the current yield of the bond : What is the current yield of the bond if the bond is selling at a market price of $933.08? Submit your answer as a percentage and round to two decimal places
What is the bond price : The going interest rate (rd) is 4.6%. Assuming semiannual compounding, what is the bond's price? Round to two decimal places (Ex. $000.00)
Performance excellence program strategic priorities : Explain at least three of Baldridge Performance Excellence Program strategic priorities
What is the bond yield to maturity : They offer a 4.2% coupon, paid semiannually, and are scheduled to mature in 6 years. What is the bond's yield to maturity?
Calculated intrinsic value : If the market price of a security is less than than its calculated intrinsic value, the security is considered __________.
What are monthly payments : The interest rate charged is 0.56% monthly. What are your monthly payments?

Reviews

Write a Review

Finance Basics Questions & Answers

  Evaluate one of the given mutual fund

Choose one of the following three funds, enter its symbol, and click on the Quote Lookup button: Oppenheimer International Bond Fund (OIBAX), Janus Enterprise.

  Hester amp wayne is a regional food distribution company

hester amp wayne is a regional food distribution company. mr. chester ceo has asked your assistance in preparing

  How and why does working capital affect the incremental

how and why does working capital affect the incremental cash flow estimation for a proposed large capital budgeting

  Evaluate the importance of the igce

Evaluate the importance of the IGCE. Examine the reasons for confidentiality of the IGCE. Propose two (2) actions that should be taken in order to maintain the confidentiality of the IGCE.

  Consult about design strategies to improve products

With whom should you consult about design strategies to improve products/services and why would you consult with these individuals or groups?

  Find preventing resale key successful price discrimination

If perfect price discrimination reduces consumer surplus to zero, how can this lead to the most socially desirable level of output?

  Businesses work to compliment or substitute

Marc has opened a twenty-four hour fitness center in a fast growing city. Before buying the franchise and starting his new business, Marc looked at the one other fitness center currently operating in that area.

  Interpret the sample correlation coefficient

Five observations taken for two variables follow. What does the scatter diagram developed in part a indicate about the relationship.

  Should it purchase or sell interest rate futures contracts

Assume a financial institution has more rate-sensitive liabilities than ratesensitive assets. - Should it purchase or sell interest rate futures contracts in order to hedge its exposure?

  Required rate of return on collectibles stock

Collectibles corp has a beta of 1.4abd a standard deviation return of 20%, the return on the market portfolio is 9% and the risk free rate is 4%

  Lifetime tt of the product

You purchase a certain product. The manual states that the lifetime TT of the product, defined as the amount of time (in years) the product works properly until it breaks down, satisfies

  What is the cost of common equity

Patton Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its before-tax cost of debt is 8%.

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