What is the bonds approximate yield to call

Assignment Help Financial Management

Reference no: EM131880749

Trickle corporations bonds have a 12% coupon rate, $1,000 par, and mature in 25 years. interest is paid semi annually. the bonds are callable at a price pf $1,100 five years from now. they currently sell for $1,230 in the market. what is the bonds' approximate yield to call? show all work.

Reference no: EM131880749

Questions Cloud

Discuss about the understanding the foreign policy : Discuss the professional and/or real -world backdrop to the material reviewed, its relevance to and significance for the issues it address.

Prepare fund financial statements for general fund : Prepare fund financial statements for General Fund, Special Revenue Fund and Capital Projects Fund.

Calculate the gross profit and net profit : The only other cost charged to cost of sales is travelling of £50,000. Other administration costs are £80,000. Calculate the gross profit and net profit

Compute the value of the test statistic : A sample of 50 provided a sample mean of 19.4. The population standard deviation is 2. a. Compute the value of the test statistic.

What is the bonds approximate yield to call : They currently sell for $1,230 in the market. what is the bonds' approximate yield to call?

List the questions you struggled with in the practice exams : List the questions you struggled with in the practice exams and the correct answers. Write a few-sentences description for each major concept for the sections.

Calculate the profit after tax and retained profits : Regal Farms Ltd has sales of £2.5 million, a gross profit of £1.7 million and expenses of £800,000. Calculate the EBIT, profit after tax and retained profits

Prepare journal entries for the payment of interest : Aloha Cruise issued $170,000 in 6%, 10-year bonds (payable on December 31, 2028) on December 31, 2018, for $156,776. Interest is paid on June 30 and December 31

Calculate the amount of interest paid : Calculate the amount of interest paid in the 10th payment.

User Account

All Pages