Solution-What is the coupon rate on bond

What is the coupon rate on bond

Assignment Help Finance Basics

Reference no: EM131061283

Moonbeam, Inc. has a bond issue outstanding with a face value of $1,000 trading at $988.52. It makes a semiannual coupon payment, has a YTM of 6.31%, and will mature in 8.56 years. What is the coupon rate on this bond?

Please show all the steps.

Reference no: EM131061283

Questions Cloud

Calculating the npv for the investment : Seattle Corp. is looking at an investment which will result in cashflows of $30,000 per year in years 1 thru 4, $35,000 per year in years 5 through 9, and $40,000 in year 10. The project will cost $150,000 today, and the firm's required rate of re..

Calculate total stockholders equity : Zoeckler Mowing & Landscaping's year-end 2012 balance sheet lists current assets of $436,700, fixed assets of $551,300, current liabilities of $418,100, and long-term debt of $317,500. Calculate Zoeckler's total stockholders' equity.

Calculate the given ratios based on year-end totals : Sarah McIvor, CA, a junior partner with Price Waterhouse Coopers, has been selected to conduct a financial review of Gemini Electronics Ltd. Calculate the given ratios based on year-end totals only-no averages should be used.

Calculating the bond price : Consider a bond which pays 8% semiannually and has 8 years to maturity. The market requires an interest rate of 10% on bonds of this risk. What is this bond's price?

What is the coupon rate on bond : Moonbeam, Inc. has a bond issue outstanding with a face value of $1,000 trading at $988.52. It makes a semiannual coupon payment, has a YTM of 6.31%, and will mature in 8.56 years. What is the coupon rate on this bond?

Difference between the two materials : If the scatter in the individual samples of the previous problem is reduced to that listed below, would there be a justification (0.95 probability level) for saying there was a difference between the two materials? (Note that mean values of the tw..

Current state of the art of an emerging knowledge domain : MN502: Network Security Assignment. The purpose of this assignment is to develop skills to independently think of innovation. In this assignment students will first learn how to develop knowledge based on current state of the art of an emerging kn..

Future and present value of an annuity due : If you start making $130 monthly contributions today and continue them for five years, what’s their future value if the compounding rate is 9.25 percent APR? What is the present value of this annuity?

Computing the risk premiums on bonds : Why are risk premiums on bonds a useful way of ranking risks for direct investments, but not very useful for making bond purchasing decisions?

User Account

All Pages

What is the coupon rate on bond

Reference no: EM131061283

Reference no: EM131061283

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT