What is the yield to maturity of the bond

Assignment Help Finance Basics
Reference no: EM131429289

A municipal bond with a coupon rate of 5.60 percent sells for $4,890 and has eight years until maturity. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Reference no: EM131429289

Questions Cloud

Report on perceptions of harm and addiction of snus : The practice of quantitative research not only involves statistical calculations and formulas but also involves the understanding of statistical techniques related to real-world applications. You might not become a quantitative researcher nor use ..
If company wants to improve its supply chain performance : Barington Mills manufactures denim cloth from two primary raw mate- rials, cotton and dye. Work-in-process includes lapped cotton, spun yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts on..
Do you find the analogy to modern social media persuasive : self-expression, regulation and censorship efforts in 17th century Europe, and the cultural repercussions of the new and disturbing "coffee house" phenomenon.
What is the yield to maturity : A municipal bond has 10 years until maturity and sells for $5,000. If the coupon rate on the bond is 4.31 percent, what is the yield to maturity? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
What is the yield to maturity of the bond : A municipal bond with a coupon rate of 5.60 percent sells for $4,890 and has eight years until maturity. What is the yield to maturity of the bond?
How the lean fundamentals of flow and inventory control : Determine how the lean fundamentals of flow and inventory control might improve one or more of the organizations listed below: University academic department, Health-care facility.
Standard deviation of stock returns for stock : The standard deviation of stock returns for Stock A is 40%. The standard deviation of the market is 20%. If the correlation between Stock A and the market is 0.70, then what is Stock A's beta?
Determine the magnitude of the angular velocity ? : The slender rod AB is attached by a clevis to arm BCD which rotates with a constant angular velocity ω about the centerline of its vertical portion CD. Determine the magnitude of the angular velocity ω
How do you feel regarding the reading texts : Have you ever written this kind of essay before? In English or In your native language? If yes, in which language? Only in English or your native language or both?

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