What is the price today for a delicious mills bond

Assignment Help Management Theories
Reference no: EM132797073

24 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 8.53 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 8.30 percent. Given this information, what is the price today for a Delicious Mills bond? Round the answer to two decimal places.

Reference no: EM132797073

Questions Cloud

Discuss immigration in general : Discuss immigration in general and why people immigrate as well as some of the policies and complexity of immigration. The response must be typed.
What is the profit expressed as a present value : What is the strategy followed to make a profit from the arbitrage opportunity? What is the profit expressed as a present value?
Analyzing the target company revenues : Revenue recognition policies of the target company are one of the most important areas that must be reviewed. What are the three items or factors
Describe the power bases used by the leader : For Part 1, select a relevant and topical leadership issue from current news media that revolves around ethics and ethical decision making.
What is the price today for a delicious mills bond : Given this information, what is the price today for a Delicious Mills bond? Round the answer to two decimal places.
Compute the fixed asset turnover ratio for each company : Amazon, Inc. is the world's leading Internet retailer of merchandise and media. Compute the fixed asset turnover ratio for each company
TECO201 Elements Of Econometrics Assignment : TECO201 Elements Of Econometrics Assignment Help and Solution, Top Education Institute - Assessment Writing Service
Relationship between excess capacity and afn : What conclusion can we make about the relationship between excess capacity and AFN, all other factors held constant? Explain why this relationship exists.
What you foresee your role to be in the future with ieps : Refer to Claxton's IEP text and a current Journal Article on IEPs and explain two pros and one potential con of a student's Individualized Education Plan.

Reviews

Write a Review

Management Theories Questions & Answers

  Discuss the evolution of the us health care system

Discuss the evolution of the U.S. health care system and how both the development of policy and the management requirements have been influenced by traditions.

  Determine which type of system you would use

For all of the following, determine which type of system you would use to help solve the business problem or make a business decision.

  A description of the basic tenets of each theory

Create a chart in a Microsoft Word document comparing the four selected theories.

  Determine the cost of the resulting plan

Harold Grey owns a small farm in the Salinas Valley that grows apricots. The apricots are dried on the premises and sold to a number of large supermarket chains

  Develop a risk management strategy and plan

Risks fall in a few categories, known and unknown. It is extremely important in any project to effectively plan for both with a contingency budget and resources because some will happen. In this class, you are asked to develop a Risk Management St..

  What are sources of zara operating advantage

What are sources of Zara's operating advantage (i.e., sources of efficiencies)? What do comparisons indicate about Inditex's relative operating economics

  The responsibility of implementing a facilities design

You have been charged with the responsibility of implementing a facilities design project for bagging ammonium nitrate fertilizers

  The south university online library or the internet

Defining the Project Using the South University Online Library or the Internet, research, select, and scope out any project of your choice.

  Not true with regard to functional authority

Which of the following is not true with regard to functional authority? (a)  Functional authority is the authority staff members have over line members within the   limits of their functions (b)  Functional authority has the same effect as line autho..

  Discuss the binding arbitration agreement

Dakota Foundry was purchasing some equipment from Tromley Industries. According to the practice of the firm, the operations manager was supposed prepare.

  Case study-500 years of experience

The Sharrow Bay is a luxury country house hotel, situated on the shores of Lake Ullswater, the most northerly of the English Lakes, near Penrith, Cumbria, England.

  Mass customization and rapid product development

What is the relationship between mass customization and rapid product development

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