What is the present value of the bond

Assignment Help Finance Basics
Reference no: EM133003119

A bond with a $1,000 par value has a 4.6% coupon with semi-annual interest payments. The bond has 28 years to maturity. If the yield to maturity is 3.8%, what is the present value of the bond?

Reference no: EM133003119

Questions Cloud

Design a swap that will net a bank : Consider two hypothetical companies, X and Y. Companies X and Y have been offered the following rates per annum on a $10 million 5-year investment.
Return on assets ratio-lowell growth : Lowell Growth, Inc. has total debt ratio of 0.48 and a dividend payout ratio of 40 percent. If its profit margin is 7 percent and total asset turnover is 2.5, w
What is the current share price : If the required return is 12 percent and the company just paid a $1.40 dividend. What is the current share price?
What is the cash flow associated with the sale of machine : Messer Corporation purchased a machine for $60,000 and depreciated it straight- line to zero over its 8-year life. After five years, Messer sold the machine for
What is the present value of the bond : A bond with a $1,000 par value has a 4.6% coupon with semi-annual interest payments. The bond has 28 years to maturity.
Variance of the return on the market : i) An investment manager receives research from analysts recommending a 'buy' for shares of some company. He then buys some shares for his own personal account
How to journalize the closing entries : How to create the income statement JJJ Partnership for the year-end December 31, 2020?
What is the npv of the new plant : Photochronograph Corporation (PC) manufactures time series photographic equipment. It is currently at its target debt-equity ratio of .63. It's considering buil
What is the annual dividend : If the required return is 3.42% and the current market value of these preferred shares is $9.5 million, what is the annual dividend?

Reviews

Write a Review

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 ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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