What is the to complete performance index

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Reference no: EM131865389

1. Staind, Inc., has 11 percent coupon bonds on the market that have 16 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8 percent, the current bond price is $______ . (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))

2. Kiss the Sky Enterprises has bonds on the market making annual payments, with 17 years to maturity, and selling for $1,029.29. At this price, the bonds yield 7 percent. The coupon rate on the bonds is _____ percent. (Do not include the percent sign (%). Round your answer to 1 decimal place.

3. What is the To Complete Performance Index if the project budget is $8,000, 40% of the project has been completed, 30% was planned to be completed by now, and $4,000 has been spent so far?

Reference no: EM131865389

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