What is the current bond price

Assignment Help Business Management
Reference no: EM131068122

Megaminds Co. issued 11-year bonds a year ago at a coupon rate of 8.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7.2 percent, what is the current bond price?

Reference no: EM131068122

Questions Cloud

Total depreciation deduction : Terra elects to depreciate the maximum under Sec. 179. Terra's taxable income for the year before the Sec. 179 deduction is $700,000. What Terra's total depreciation deduction related to this property?
Determine jia total annual payment : One third of her deposit is made to a sinking fund earning 10% annual interest. The remaining two thirds of her deposit is made to a sinking fund earning 8% interest. Determine Jia's total annual payment
What is morris tie ratio : If the company does not maintain a TIE ratio of at least 5 to 1, its bank will refuse to renew the loan and bankruptcy will result. What is Morris's TIE ratio? Round intermediate calculations to two decimal places. Round your answer to two decimal..
How profitable is a round trip trade : Is there an arbitrage opportunity in Singapore dollars? If so, what exchanges should you make to take advantage of it? (Be specific about which dealer you would select, which currency you would buy from or sell to that dealer, and how much of the..
What is the current bond price : Megaminds Co. issued 11-year bonds a year ago at a coupon rate of 8.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7.2 percent, what is the current bond price?
A great understanding of its target market : What company do you believe has a great understanding of its target market? List two things they do well, and two things they could do better.
Plot the means and describe how the means vary with tool : Multiply each measurement by 0.04 to convert from millimeters to inches. Plot the means and run a two-way ANOVA using the transformed measurements. Summarize what parts of the analysis have changed and what parts have remained the same.
Contemporary issue in the industry - gender issues : The purpose of the essay is to enable students to select a contemporary issue in the industry and explore it in-depth while discussing both personal opinion and its relevance to the current work culture.
Read on psychology of prejudice : Read On Psychology of Prejudice, and explain your opinion. Who might be more prejudiced, one with intrinsic faith or one with extrinsic faith?

Reviews

Write a Review

Business Management Questions & Answers

  The change strategy

Why would change leaders need to align the organization's people with the change strategy?

  Bernie madoff-how one big lie can destroy thousands of lives

Read Case Study 1, "Bernie Madoff: How "One Big Lie" Can Destroy Thousands of Lives," on pages 258-264. Summarize the overall viewpoint of the author, and discuss the major issues presented in the case.

  Order placing and a strategic procurement role

Find the differences between order placing and a strategic procurement role?

  Philanthropy and charityexplain the difference between

philanthropy and charityexplain the difference between philanthropy and charity. use examples from private and

  Implement two logistical process improvements

Pretend you are a Supervisor as well as have been given a mission to implement two logistical process improvements.

  Flexibility in hr management beneficial greatest challenges

flexibility in hr management beneficial? greatest challenges in hiring and firing.how is flexibility in human resources

  Why is diversity important in leadership

Why is diversity important in leadership? In organizations? How can a leader best manage a diverse team?

  Name the five stages in the buyer decision process

APA style paper citing current sources  Name the five stages in the buyer decision process and briefly describe the online and offline marketing activities used to influence each. Why do companies that bundle products and services have an advantage o..

  Statistical methods used by the eeoc

Explain the statistical methods used by the EEOC to investigate this claim negative impact.

  What are the key features of our current architecture

What are the key features of our current architecture? And does our architec- ture fit our business environment and strategy?

  Production planning and execution

How SAP system support the production planning and execution (PP) process and what is the role of each team in production planning and execution (PP) case study , explain how is it work?

  What techniques of cost estimation rely primarily

What techniques of cost estimation rely primarily on historical data? Describe the problems an unwary user might face with the use of historical cost data.

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