What is the yield-to-maturity of this bond

Assignment Help Financial Management

Reference no: EM131055768

United Air has a 8.7% coupon 20 year bond (par value = $1,000). Assume that coupon payments are semi-annual and that the current price is $980.50. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis

Reference no: EM131055768

Questions Cloud

Question regarding the international market : However, there are challenges that businesses face when exposed to foreign exchange risk in addition to standard business and financial risk. Identify two United States companies that have entered the international market. What financial risk, hav..

Essay in mla format based on benny evangelista article : You will write 500-600 word reading response essay in MLA format based on Benny Evangelista article "Social media manners matter, job recruiters say." Basically, you will state your opinion of Benny Evangelista‘s article (agree, disagree or both )..

Calculate the time weighted yield for the fund : At the beginning of the year, a fund was established with an initial deposit of $1,000. As of March 1, the fund had risen to $1,020 and a withdrawal of $50 was make. By July, the value of the fund was $990 and an additional deposit of $70 was make. O..

Describe the principal social welfare programs : what is the difference between entitlements and means-tested programs, and which are better funded? Is the government spending too much, too little, or about the right amount on social welfare programs? Explain

What is the yield-to-maturity of this bond : United Air has a 8.7% coupon 20 year bond (par value = $1,000). Assume that coupon payments are semi-annual and that the current price is $980.50. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis

The dividend discount model-stock price : You expect Budweiser will pay dividends of 1.75 in one year, 2.25 in two years, and 2.75 in three years. From that point onwards, dividends will grow at 5% per year. Investors' required rate of return is 11%. According to the Dividend Discount Model,..

A qualitative research short one page paper : this is a qualitative research short one page paper. the purpose is to explore the research topic for final paper.

How they influence an airline organizational : Question: Describe how planning, organising, leading and controlling are linked and how they influence an airline's organizational (Qantas airways) performance in a turbulent and competitive world

Identify the role of the health care manager : Write a 700- to 1,050-word paper in which you identify the role of the health care manager and compare productive and nonproductive time. Consider the following:

User Account

All Pages