What is the bond''s nominal yield to maturity

Reference no: EM131015581

A corporate bond has a face value of $1,000, and pays a $50 coupon every six months The bond matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity?

a. 4.45%

b. 4.14%

c. 8.90%

d. 8.28%

e. 10.78%

Reference no: EM131015581

Questions Cloud

Assignment - examining hipaa regulations : Assignment: Examining HIPAA Regulations, In your paper, please start by pasting the title of the case at the top of your paper and then begin your paper beneath that title. That will help everyone determine which case you are referring to

Find magnitude of force that would exactly counterbalance : Three forces act on an object. Two of the forces are at an angle of 100o to each other. Calculate the magnitude of the force that would exactly counterbalance these three forces.

Problem regarding the expected year-end dividend : A stock with a required rate of return of 10 percent sells for $30 per share. The stock's dividend is expected to grow at a constant rate of 7 percent per year. What is the expected year-end dividend, D1, on the stock?

What are the celsius temperatures : What are the Celsius temperatures of the following conditions? body temperature, ice freezing, water boiling, room temperature?

What is the bond''s nominal yield to maturity : A corporate bond has a face value of $1,000, and pays a $50 coupon every six months The bond matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity?

Employ longevity strategies to uphold profit margins : Describe possible trends and changes among these companies, rendering decisions on the strengths and weaknesses of each organization.

Dna polymerase iii, rna primer : DNA polymerase III, RNA primer, and Primase into this diagram?

Use ratio test to find radius of convergence of the series : Let f (x) = (1 + c )α . with α ∈ R. You should not assume that alpha is an integer. Find the Maclaurin series Mα(x) for f(x). Use the ratio test to find the radius of convergence of this series.

What wavelength is most strongly reflected : A film of soapy water (n = 1.33) on top of a sheet of Plexiglas has a thickness of 206 nm. What wavelength is most strongly reflected if it is illuminated perpendicular to its surface? (This is the apparent color of the soapy film.)

User Account

All Pages