What is the current yield of the bond today

Reference no: EM13272116

Today, a bond has a coupon rate of 10.6 percent, par value of $1000, 13 years until maturity, YTM of 12.6 percent, and semiannual coupons with the next one due in six months. One year ago, the price of the bond was $968. What is the current yield of the bond today?

Reference no: EM13272116

Questions Cloud

Explain the radioactive isotope tritium decays : The radioactive isotope tritium decays with a first-order rate constant k of 0.056 year-1. What fraction of the tritium initially in a sample is still present 30 years later?

Estimate the amplitude of the motion : A .115 kg mass undergoes simple harmonic motion on a horizontal spring with force constant k= 287 N/m. estimate the amplitude of the motion

Which is not a function of the foreign exchange market : Which of the following is not a function of the foreign exchange market?

Explain the reaction equation for the combustion of octane : Identify the set of stoichiometric coefficients that balance the reaction equation for the combustion of octane. C8H18+O2--->CO2+H2O

What is the current yield of the bond today : Today, a bond has a coupon rate of 10.6 percent, par value of $1000, 13 years until maturity, YTM of 12.6 percent, and semiannual coupons with the next one due in six months. One year ago, the price of the bond was $968. What is the current yield ..

What is the relativisitic momentum : An 8kg mass is observed traveling with a speed of .08*c. What is the relativisitic momentum

Create a profit-and-loss statement for a mcdonad franchise : Create a Profit-and-loss statement for a McDonad's franchise (sales revenues and expenses, either actual or estimated).

What is the firm income tax liability : Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

Determine the protons final kinetic energy : Suppose a Proton is accelerated through a potential difference of 10 Gigavolts. Determine the proton's final kinetic energy

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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!

Submit Assignment

User Account

All Pages