What is the bonds yield to maturity

Assignment Help Finance Basics

Reference no: EM13261477

You just purchased a bond that matures in 15 years. The bond has a face value of $1,000 and has an 8% annual coupon. The bond has a current yield of 8.37%. What is the bond's yield to maturity? Round your answer to two decimal places.

Reference no: EM13261477

Questions Cloud

In what direction does the induced current flow : The magnetic field perpendicular to a circular wire loop 11.2cm in diameter is changed from +0.50Tto -0.33T in 130ms, In what direction does the induced current flow?

How did you participate in the program : What activity did you attend? When and where was the program? Why did you select this activity and how did you participate in the program? some friend ask me to sing there

Explain the reaction mixture initially contains no products : If the initial concentration of AB is 0.210 M , and the reaction mixture initially contains no products, what are the concentrations of A and B after 70 s

Find closed form expressions for and graph system response y : Given the excitations x[n] and the impulse responses h[n], find closed form expressions for and graph the system responses y[n] x[n] = u[n], h[n]=(4/7)δ[n]-(-3/4)nu[n]

What is the bonds yield to maturity : You just purchased a bond that matures in 15 years. The bond has a face value of $1,000 and has an 8% annual coupon. The bond has a current yield of 8.37%. What is the bond's yield to maturity? Round your answer to two decimal places.

Calculate the spring constant using the effective mass : Molecules act as tiny springs and have vibration energy and frequency. The frequency of CO molecule is 6.42 x 1013Hz. Calculate the spring constant using the effective mass

Electrochemical cell is constructed in which one half-cell : An electrochemical cell is constructed in which one half-cell contains AgN03 solution in contact with an Ag strip, and the other half-cell contains magnesium nitrate solution, Mg(N03h, in contact with a Mg strip.

Find the interest paid on a loan : Find the interest paid on a loan of $ 3158 at 8% annual simple interest for 2.5 years.

Find the average pressure on the beam spot during the pulse : A pulsed proton beam is fireat a target each last 45.0ns and there 3.00 X 10^9 protons in each pulse, What is the average pressure on the beam spot during the pulse if the protons are absorbed by the target

User Account

All Pages