What is the market value of the bond

Assignment Help Accounting Basics
Reference no: EM132556905

Question - A 15-year zero-coupon bond was issued with a $1,000 par value and a yield to maturity of 8%. If similar bonds are currently yielding 10%, what is the market value of the bond?

A. $239.39

B. $315.24

C. $800.00

D. $1,000.00

Reference no: EM132556905

Questions Cloud

Explain two internal control principles : Caterpillar Tractors buy wheels from Wheels R Us in order to complete the manufacture of its tractors. Explain two internal control principles
Social media in marketing : How has the increased used of social media in marketing and gathered information affected ethics and impact on business?
What is the required rate of return : The year-end dividend is expected to be $2.32 assuming a constant growth rate of 6%. What is the required rate of return
Different fishing boats for seafood business : You are evaluating two different fishing boats for your seafood business. The Noah I costs $300,000, has a three-year life
What is the market value of the bond : A 15-year zero-coupon bond was issued with a $1,000 par value and a yield to maturity of 8%. What is the market value of the bond
Cost of quality : Select two fast food restaurants and evaluate them in terms of service quality. Suggest ways to improve the service quality.
What is average tax rate : lan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, and they have legitimate
Lean operating systems : Compare and contrast the lean service system found within Southwest Airlines to a full-service airline such as United Airlines, British Airways,
How to calculate the break-even point in units : Lucid Images, How to Calculate the break-even point in units? What will the new break-even point be if fixed costs increase by 10 per cent?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The patent was acquired in january 2012 and has a useful

the intangible assets section of centaur company at december 31 2012 is presented below.patents 84400 cost less 8440

  Problem regarding the transfer pricing

The Components Division produces a part that is used by the Goods Division. The cost of manufacturing the part follows:

  Determine the current market value of nimoy

Use the balance sheet identity to determine current market value of Nimoy's total liabilities (current & long-term) given market value of equity is $4,800,000

  Describe the ethical issues and impact on the stakeholders

Consider the ethical climate (internal and external) of Verizon and AT&T. Describe the ethical issues and impact on the stakeholders

  How does company appear to be managing its inventory

How well does each company appear to be managing its inventory

  Annual summary and transmittal of u.s. information returns

Payments of at least $600 to independent contractorsAnnual nondeductible contributions of up to $5,000Annual summary and transmittal of U.S. information returns

  Durden co has 10 par value 12 cumulative preferred stock

durden co. has 10 par value 12 cumulative preferred stock. there are 10000 shares issued and outstanding of the

  What will be the price of these bonds

Pybus, Inc. is considering issuing bonds that will mature in 24 years with an annual coupon rate of 8 percent. What will be the price of these bonds

  Prepare Holiday Hams Incs single-step income statement

Prepare Holiday Hams, Inc.'s single-step income statement and statement of retained earnings for the year ended December 31, 2018

  Compute the current ratio at year end

Using the Annual Report of your selected company answer the following questions in the Discussion: Compute the current ratio at year end.

  Calculate target-income in units and break-even in revenue

Calculate Target-Income in Units and Break-Even in Revenue if the company wants to earn $2,000,000

  Prepare a training program for new employees

Prepare a training program for new employees in the customer care call center.

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