What is the clean price of this bond

Assignment Help Finance Basics
Reference no: EM131950987

LIAS Inc. bonds have a face value of $1000, mature in 17 years, pay interest semiannually, and have a coupon rate of 6.35 percent. The next interest payment will be paid 4 months from today. What is the clean price of this bond if the market rate of return is 6.5 percent?

Reference no: EM131950987

Questions Cloud

What does it mean that a function is effectively calculable : CSD3203 – History and Philosophy of Computing - What does it mean that a function is effectively calculable? Which functions are effectively calculable?
What are pro forma free cash flows for year? 3 : What are your pro forma earnings for year? 3? What are your pro forma free cash flows for year? 3?
Write about the weakness and the strengths for each articles : Find three academic articles that discuss the topic and write about the weakness and the strengths for each articles.
What do you advise red corp to do : What do you advise Red Corp to do? Tell Blue Corp about the databases online, and hope they will agree to a mutual good faith non-use of competitor information?
What is the clean price of this bond : The next interest payment will be paid 4 months from today. What is the clean price of this bond if the market rate of return is 6.5 percent?
What is the maximum price the investor : The market rate of return on similar securities is 17.5 percent. What is the maximum price the investor should pay for this stock?
What is the investor rate of return in dollars : A U.S. investor is considering a risk-free British bill with an annual rate of 7%. The current exchange rate is $1.22 per pound.
Household should save because of uncertainty : How is a household's precautionary savings likely to be affected by the following events?
Investments offers the best risk-return relationship : Use the Sharpe ratio to determine which one of the following investments offers the best risk-return relationship. The risk free rate is 4%.

Reviews

Write a Review

Finance Basics Questions & Answers

  Discuss the disclosure requirement on accounting policies

Discuss the disclosure requirement on accounting policies, and identify at least two (2) examples of the most commonly required disclosure. Explain the key ways in which the examples you provided are useful to financial statement users

  How could you make the product even better

How many people - from initial designers through to the person who delivered it - were involved in supplying this high-quality product? How could you make the product even better?

  How licensing royalties fees affect value of foreign project

How do licensing agreements, royalties, and overhead allocation fees affect the value of a foreign project? Why does an adjusted net present value analysis treat the present value of financial side effects as a separate item?

  What is its degree of operating leverage

what is its degree of operating leverage (DOL), the degree of financial leverage (DFL), and the degree of total leverage (DTL)?

  Role of economics in decision making

Provide some example of the role of economics in decision making. Please relate concepts to your personal experience and/or professional experience.

  What is the value per share of your firm stock

after which growth should be at a constant rate of 6%. The last dividend paid was $1.00. What is the value Per share of your firm's stock?

  Retirement in order to retire with enough money saved

Planning to retire in 40 years. You plan to live for 30 years after retirement and can live on $50,000 a year. How much do you need to save each year until retirement in order to retire with enough money saved? Assume interest rates of 8% and that yo..

  Inherited an ordinary annuity

Today you inherited an ordinary annuity of $25000 paid at the end of the year for 15 years. You estimated a yield of 10% for this annuity.

  A sophisticated investor b graham sold 500 shares short of

a sophisticated investor b. graham sold 500 shares short of amwell inc. at 42 a share. the price of the stock

  Todd is able to pay 270 a month for 4 years for a car if

todd is able to pay 270 a month for 4 years for a car. if the interest rate is 5.8 percent how much can todd afford to

  Distributed random variable with mean

X is a normally distributed random variable with mean 10 and variance 24.

  Estimate the projects net present value based on nominal cas

You are considering a new project, which costs $600,000 and is expected to have the following nominal cash flows of $200,000, $220,000, $220,000, $200,000, and $180,000 in years 1 through 5. The company's nominal cost of capital is 10%. The expected ..

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