What is the price of the bond

Assignment Help Finance Basics
Reference no: EM132576967

A $13,000 bond with a coupon rate of 4.3% paid semi-annually has 7 years to maturity and a yield to maturity of 2.1%. What is the price of the bond?

Reference no: EM132576967

Questions Cloud

Explain how the corporations act defines : Explain how the Corporations Act 2001 defines a Pty Ltd company and requirements regarding the number of directors and members.
What would the real interest rate be : What would the real interest rate be if the nominal interest rate is 6.9% and the inflation rate is 2.0%?
What is the coupon rate : A coupon bond with a face value of $29,000 and quarterly coupon payments has 5 years to maturity and a yield to maturity of 4.2%
Pass necessary entry in the books of bharat ltd : Balance by issue of 11% debentures of rupees 100 each at a premium of 20%. Pass necessary entry in the books of Bharat Ltd. for the above transactions.
What is the price of the bond : A $13,000 bond with a coupon rate of 4.3% paid semi-annually has 7 years to maturity and a yield to maturity of 2.1%.
Initiate innovative strategies : What measures would you take to initiate innovative strategies within your company?
How is the withholding determined : USAco, a domestic corporation, Is FORco's sale of stock in USAco subject to withholding under FIRPTA? If so, how is the withholding determined?
What are the companys strategic focuses : What are the company's strategic focuses, i.e., goals and objectives, and how does it plan to meet them? Use information that you have gathered so far to make
Make monthly payments : Stanley wants to buy a fancy watch costing $18,999. He can use his savings of $2,000 plus the horologist will give

Reviews

Write a Review

Finance Basics Questions & Answers

  Wheatstone manufacturing normally spends 500000 per year on

wheatstone manufacturing normally spends 500000 per year on regularly scheduled preventive maintenance for the

  Calculate the current value of richards bond portfolio

Compute all the discount factors from the information given. Calculate the current value of Richard's bond portfolio. ? Describe the relationship between exchange rates and interest rates in the interest rate parity.

  What is the equilibrium price of the stock

If your estimate of the company's required rate of return on its stock is 10%, what is the equilibrium price of the stock?

  How fast can sales grow before any new fixed assets

Alter Bridge Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Current sales are $760,000. How fast can sales grow before any new fixed assets are needed?

  Distributes several varieties of potato chips

Happy Chips Inc. currently manufactures and distributes several varieties of potato chips to different types of retail accounts:

  How can the acceptance of a project change

Are most mutually exclusive capital budgeting projects equally risky? If you think about a firm as a portfolio of many different kinds of investments, how can the acceptance of a project change a firm’s overall risk?

  An investor purchases a 30-year zero-coupon bond with a

an investor purchases a 30-year zero-coupon bond with a face value of 1000 and a yield to maturity of 6.5. he sells

  Which is the best choice of use based upon npv

You just bought a building for $1.5 million; it is being depreciated on a straight line basis for 30 years. You are trying to figure out what to do with it in order to create the most value for the next 15 years. You plan to rent it or to produce one..

  Minicipal bonds are often called tax-exempts

Minicipal bonds are often called tax-exempts. This refers to the exemption of their income from

  Advantages of qualitative measurements

What are the advantages of qualitative measurements when doing marketing research? What are the disadvantages? Be sure to answer both questions.

  What was the stock price following the split

Whited Products recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the firm's total market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price foll..

  An average collection period of 35 days what is its

if winkler inc. has sales of 2 million per year all credit and an average collection period of 35 days what is its

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