What is the current price of the bond

Assignment Help Finance Basics
Reference no: EM131492943

Marco Chip, INC. just issued zero-coupon bonds with a par value of $1000. The bond has a maturity of 14 years and a yield to maturity of 8.63 percent, compounded semiannually. What is the current price of the bond?

Round the answer to two decimal places.

Reference no: EM131492943

Questions Cloud

Discuss the control signals arc associated with a cpu : The following control signals arc associated with a CPU in a microcontroller. MEMRQ: asserted when a memory operation is ongoing IORQ.
What is the current market price of the bonds : The current market rate of interest on the Fresh Water, Inc. bonds is 8.47 percent. What is the current market price of the bonds?
Create an intervention plan : You will use the conflict experience you analyzed in your Unit V assignment as the basis for the intervention plan you create in Unit VIII.
Prepare the written report about your investment portfolios : Prepare the written report about your investment portfolios, investment decision and the performance (please give me a printed copy of this report)
What is the current price of the bond : The bond has a maturity of 14 years and a yield to maturity of 8.63 percent, compounded semiannually. What is the current price of the bond?
Explain the difference between separate and memory-mapped : In a parallel output operation. How is the synchronization of the data transfer between CPU and a data latch consisting of eight.
What is b24-co cost of equity : B24&Co stock has a beta of 1.63, the current risk-free rate is 3.13 percent, and the expected return on the market is 10.63 percent.
Examine at least two characteristics of hyper-v : Examine at least two characteristics of Hyper-V that you would consider highlighting in order to convince business decision makers to approve proposed change.
Equity in the computation of sports wacc : If the common shares are selling for $26.4 per share, the preferred share are selling for $13.9 per share, and the bonds are selling for 96.86 percent of par

Reviews

Write a Review

Finance Basics Questions & Answers

  Find the nominal rate of interest that compounded half-year

Find the nominal rate of interest that compounded half-yearly equivalent to an effective rate of 10% p.a. Please show all working out. Word preferred.

  Paulette, a trial attorney for a corporation

Paulette, a trial attorney for a corporation, was forced to leave the field due to an injury to her vocal chords.

  Profitability index of a capital-budgeting proposal

1.Which of the following is true regarding Investment Banks? 2. We compute the profitability index of a capital-budgeting proposal by Initial outlay = $1,748.80

  Describe at least two changes associated with health reform

define at least two impacts of reform on health care marketing in general. Describe how health care marketers will play a role in helping their organizations respond to these changes.

  What to do with all these false emergency patients

A pregnant teenager came in with her boyfriend. She said she had a six-pack of beer that evening and she wanted to know whether her binge drinking had harmed the fetus.

  How much is stevens employment package worth

Steven earns $25,000 a yar. he receives 1 week of paid vacation, 2 personal days & 3 sick days. his insurance is valued at $5,000. how much is stevens employment package worth?

  What is the monthly payment for this loan show the formula

you find that a small business loan in the amount of 50000 is the amount you need to purchase the restaurant location.

  Positive correlation with the market

A highly risk-averse investor is considering adding one additional stock to a 3-stock portfolio, to form a 4-stock portfolio. The three stocks currently held all have b = 1.0 and a perfect positive correlation with the market.

  Probability of getting a full house

In a game of 5-card poker, what is the probability of getting a full house (3 cards of one face value and 2 cards of another face value) in a hand?

  What kind of deal did the player snag

If the appropriate interest rate is 13 percent, what kind of deal did the player snag? Assume all payments are paid at the end of the year.

  What is the marginal cost per pair

K-Too Everwear Corporation can manufacture mountain climbing shoes for $42.88 per pair in variable raw material costs and $25.30 per pair in variable labor expense. The shoes sell for $122 per pair. Last year, production was 90,000 pairs. Fixed co..

  The relevant discount rate is 10 percent what is the net

molly is considering a project with cash inflows of 918 867 528 and 310 over the next four years respectively. the

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