What is the yield to maturity of bond

Assignment Help Finance Basics
Reference no: EM131115495

A Japanese company has a bond outstanding that sells for 89 percent of its ¥100,000 par value. The bond has a coupon rate of 4.8 percent paid annually and matures in 19 years.

What is the yield to maturity of this bond?

Reference no: EM131115495

Questions Cloud

Wages plus lost scooter revenue : EZSkut rents out power scooters at a large shopping complex. They currently employ one repair person who performs emergency repairs for their fleet of 100+ scooters (assume that the repair person works and is paid for a full work shift even if there ..
Sport pro magazine sold annual subscriptions on august : Prepare Sport Pro's August 1, 2010, journal entry and the December 31, 2010, annual adjusting entry.
Determine the price of swap from the corporation viewpoint : A corporation enters into a five-year interest rate swap with a swap bank in which it agrees to pay the swap bank a fixed rate of 9.75 percent annually on a notional amount of €15,000,000 and receive LIBOR. As of the second reset date, determine the ..
Identify profitability ratios that creditors may interested : Identify three profitability ratios that creditors may be interested in. Calculate the ratio for each company, and prepare a report to summarize your findings on the financial health of each company.
What is the yield to maturity of bond : A Japanese company has a bond outstanding that sells for 89 percent of its ¥100,000 par value. The bond has a coupon rate of 4.8 percent paid annually and matures in 19 years.
Calculate cost of good sold and ending inventory : Calculate Cost of Good Sold and Ending Inventory under each of the following cost flow assumptions: Weighted Average, FIFO and LIFO
If burr refinances the obligation by issuing a long term : If Burr refinances the obligation by issuing a long-term note on February 14 and using the proceeds to pay off the note due February 15, how much of the $500,000 should be reported as a current liability at December 31, 2010?
Evaluate the impact of strategic information system : Describe the major types and classifications of health care information standards and the specific organizations that develop and regulate these standards.
Prepare a statement of profit or loss : Prepare a statement of profit or loss and other comprehensive income (classify expenses by nature), a statement of financial position, a statement of changes in equity and a notes to financial statements

Reviews

Write a Review

Finance Basics Questions & Answers

  Develop and summarize an action plan for adams

Develop and summarize an action plan for Adams

  Calculate the profitability index for each proposal

Calculate the Profitability Index for each proposal. How does the Profitability Index relate to NPV?

  Iggies used cars will sell you a 2002 suzuki aerio for 3000

iggies used cars will sell you a 2002 suzuki aerio for 3000 with no money down. you agree to make weekly payments of 40

  What is the interest rate sensitivity of the bond

An six-year annual-pay coupon bond was issued with a face value of $1000 and a coupon rate of 12%. It is now 1.25 years later and the yield-to-maturity is 9%. (Keep in mind that the cash flows happen 0.75 years, 1.75 years, 2.75 years, etc. from n..

  What rate of return should the company require on projects

gamma biosciences is financed entirely with equity. its beta is 1.5 and its price-earnings ratio is 16. the current

  Compute the sum of the present value factor from t1 to t25

using excel compute the sum of the present value factor from t1 to t25 for the rates of 812 and 16. in each instance

  Calculate the charge necessary to recover for cost

Calculate the charge necessary to recover your cost.

  Calculate each project npv and irr

Set up a Project Δ by showing the cash flows that will exist if the firm goes with the large plant rather than the smaller plant. What are the NPV and the IRR for this Project Δ?

  Mccormac co wishes to maintain a growth rate of 12 percent

mccormac co. wishes to maintain a growth rate of 12 percent a year a debt-equity ratio of 1.20 and a dividend payout

  The following data were taken from the financial statements

the following data were taken from the financial statements of bendax enterprises inc. for the current fiscal year.

  Incorporate financial distress or bankruptcy costs

If we incorporate Financial Distress or Bankruptcy Costs and also Taxes, then we have altered the fundamental assumptions of Modigliani and Miller. Explain the relationship between leverage and capital structure under the new assumptions.

  Determining core income is an important first step to

determining core income is an important first step to estimating permanent income. explain. whatadjustments to net

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