What is the yield to maturity on the bonds

Reference no: EM13268111

Generic Inc. issued bonds in 1988 that will mature 16 years from today. The bonds pay a 14.375% coupon and the interest is paid semiannually. The bonds' current price is $1,508.72. What is the yield to maturity on the bonds?

7.67%

16.92%

14.40%

8.5%

Reference no: EM13268111

Questions Cloud

Explain what is the retention time of the house : Consider a house into which radon is emitted through cracks in the basement. The total volume of the house is 650 m^3 (assume the volume is well mixed throughout). The radon source emits 250 pCi/s

What would be the current market price of these bonds : A client has expressed interest in a ten-year zero coupon bonds with a face value of $1,000. His opportunity cost is 7 percent. Assuming annual compounding, what would be the current market price of these bonds? Round to the nearest dollar.

Calculate the power converted to the output torque : A 480 V permanent magnet ae motor is consuming 10 kW at power factor 0.80 lagging. Its speed is 1800 rpm. The winding resistance is 0.5 W per phase. Core losses are 100 W. Mechanical losses arc 250 W.

How might one produce liquid carbon dioxide : As the temperature of ice is increased, it changes first into a liquid and then into a vapor. How might one produce liquid carbon dioxide

What is the yield to maturity on the bonds : Generic Inc. issued bonds in 1988 that will mature 16 years from today. The bonds pay a 14.375% coupon and the interest is paid semiannually. The bonds' current price is $1,508.72. What is the yield to maturity on the bonds?

Digital natives and immigrants-what brain research tells us : Nancy Herther's "Digital Natives and Immigrants: What Brain Research Tells Us" or Dana Fleming's "Youthful Indiscretions: Should Colleges Protect Social Network Users from Themselves and Others?"

State structure drew determine the correct iupac name : Compounds in a and b were named incorrectly. On a sheet of paper draw the molecule that fits the given description. From the structure you drew determine the correct IUPAC name. Write the correct IUPAC name in the blank.

How much did grant borrow : How much did Grant borrow? (Round intermediate calculations to 6 decimal places, e.g. 1.521241 and final answer to nearest whole dollar, e.g. 5,275.)

What is the present value of her winnings : Carol Jenkins, a lottery winner, will receive the following payments over the next seven years. If she can invest her cash flows in a fund that will earn 10.3 percent annually, what is the present value of her winnings? (Round answer to 2 decimal ..

User Account

All Pages