What is the bond yield to maturity

Assignment Help Finance Basics
Reference no: EM132375440

You just purchased a bond that matures in 12 years. The bond has a face value of $1,000 and has an 7% annual coupon. The bond has a current yield of 5.74%. What is the bond's yield to maturity? Round your answer to two decimal places.

Reference no: EM132375440

Questions Cloud

How much is the endowment that you received : How much is the endowment that you received? Round the answer to two decimal places.
What is the price of the bond : What is the price of the bond? Is the bond selling at a premium or a discount?
Find the average score of KU : EECS 138: Introduction to Computing - MATLAB Programming Lab Assignment - KU Basketball Analysis, University of Kansas, USA. Find the average score of KU
Why is the term ethics not synonymous with morals : Why is it important to study ethics in the 21st century Public Administration context? Why is the term ethics not synonymous with morals?
What is the bond yield to maturity : The bond has a current yield of 5.74%. What is the bond's yield to maturity? Round your answer to two decimal places.
Compute the realized rate of return for investors : Compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange
Identify the governing style of your government : While creating this government identify the governing style of your government and the principles that govern your leaders
Describe the overall structure and functions of your city : Describe the overall structure and functions of your city's system of government to your state. (city is Los Angeles / state California)· Include the origin
Discuss roles of various official and unofficial policymaker : Discuss the roles of various official and unofficial policymakers. What is public policy? What is public policymaking?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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