What is the yield to maturity of this bond

Assignment Help Financial Management

Reference no: EM13875175

A Treasury bond with the longest maturity (30 years) has an ask price quoted at 99:01. The coupon rate is 4.30 percent, paid semi annually. What is the yield to maturity of this bond?

Reference no: EM13875175

Questions Cloud

What is the STRIPS price : A STRIPS traded on May 1 2014, matures in 16 years on May 1 2030. Assuming a 5.2 percent yield to maturity, what is the STRIPS price? (Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to 4 decimal p..

Any dominant or dominated strategies for either player : Two identical firms have MC = $1 (no FC) and face a market demand of: P = 6 - Q. a)Cournot Duopoly: Each firm chooses a discrete quantity: 0, 1, 2, or 3. Present the game in matrix form, and find its pure strategy Nash equilibria. Are there any ..

Firms have long-run target dividend payout ratios : Firms have long-run target dividend payout ratios. Dividend changes follow shifts in long-term, sustainable earnings. Managers are reluctant to make dividend changes that might have to be reversed.

One of the most important items is a daily schedule : Miss Jamie has many amazing thematic units planned for her Pre-Kindergarten children. She has used the domains and Best Practices to plan these lessons. As she begins a new week, she is exhausted from her schedule and reflects on what happened.

What is the yield to maturity of this bond : A Treasury bond with the longest maturity (30 years) has an ask price quoted at 99:01. The coupon rate is 4.30 percent, paid semi annually. What is the yield to maturity of this bond?

Analyze these transactions on a work sheet similar : Sally Golfo, a registered nurse, opens a business called Sally Elder Care. Golfo plans to care for the elderly herself in a facility that she will rent.

How does the strength of other economies outside : How does the strength of other economies outside of the U.S. affect your organization? Based on your research, recommend changes in your organization's competitive strategies or supply chain.

Three year insurance policy by paying : On July 1, Friler Company purchased a three year insurance policy by paying $5,400.

What is the least you could pay to acquire bond : A Treasury issue is quoted at 107:17 bid and 107:31 ask. Assume a face value of $1,000. What is the least you could pay to acquire a bond?

User Account

All Pages