What is the dollar amount of each semiannual coupon payment

Reference no: EM13259331

A bond has a par value of $1000 and currently sells for $987. The bond's coupon rate is 7.9% and coupon payments are made semiannually. What is the dollar amount of each semiannual coupon payment? Round to the nearest dollar.

Reference no: EM13259331

Questions Cloud

What is the current market price : A $1,000 par value bond matures in 6 years, pays interest semi-annually, has a coupon rate of 5.2 and has a yield-to-maturity of 4.8 percent. What is the current market price? Round your answer to the nearest cent.

Determine the amount of net income for november : Determine the amount of net income for november, assuming that the owner made no additional investment or withdrawals during the month.

Question regarding contingent payment : The founders of an acquired company are granted a contingent payment for three years after the acquisition based on those years earnings:

The policy to be non-discriminatory : The National Association of State Tire Investigators, Engineers and Sellers (NASTIES) discovers certain evidence that suggests the federal government has been using its taxing powers to benefit wheel manufacturers.

What is the dollar amount of each semiannual coupon payment : A bond has a par value of $1000 and currently sells for $987. The bond's coupon rate is 7.9% and coupon payments are made semiannually. What is the dollar amount of each semiannual coupon payment? Round to the nearest dollar.

Find the input impedance of the transmission line : A 1(lambda) wavelength long line has parameter R=0.2 Ohm/m, G=0.002 mho/m, L=15 muH/m and C=2.31pF/m. The line is operated at a frequency f=2.5 GHz. It is terminated with a load impedance of 100 Ohms.

Distribution to the preferred stockholders : If $380,000 is to bedistributed as a dividend for the current year, what total amount will be distributed to the preferred stockholders?

Calculate the batterys internal resistance : A battery with an emf of 12.0 V shows a terminal voltage of 10.9V when operating in a circuit with two lightbulbs, What is the battery's internal resistance

What is expression for operator o in the bra-ket notation : Let O be a measurement operator for the of dots facing upwards on a 6-sided 'quantum' die-- a die that can be put into superpositions of states and then measured. The set of possible outcomes is {1,2,...6}.

User Account

All Pages