What is the yield to maturity on this bond

Assignment Help Finance Basics
Reference no: EM132390854

The Saleemi Corporation's $1000 bonds pay 8 percent interest annually and have 12 years until maturity. You can purchase the bond for 1,135. What is the yield to maturity on this bond?

Reference no: EM132390854

Questions Cloud

What is the value of the lease : Payments are due on the first day of each month starting the day you sign the lease contract. If your cost of money is 5.45%, what is the value of the lease?
What should be the value of the fingen bonus : What should be the value of the Fingen bonus given your required rate of return on a comparable-bond?
What is the amount of loan payment : You are paying $750 down in cash and financing the balance for 45 months at 8.45%. What is the amount of each loan payment?
Find the savings plan balance : Find the savings plan balance after 4 years with an APR of 5?% and monthly payments of ?$250
What is the yield to maturity on this bond : You can purchase the bond for 1,135. What is the yield to maturity on this bond?
What will the price of the bond be : If the yield to maturity for the bond is 12.0%, what will the price of the bond be?
Calculate the average incremental cost : Part B: The short-run - Calculate the 'average incremental cost' of adding a new patient-equivalent. What is the incremental daily cost
What will the price of the bond be : Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, semi-annual pay bond that has a coupon rate of 7.90%.
What adjustments should you make to portfolio : What adjustments should you make to your portfolio based on your beliefs?

Reviews

Write a Review

Finance Basics Questions & Answers

  The expected return on equity under each current asset level

What is the expected return on equity under each current asset level? (Assume a 40 percent effective federal-plus-state tax rate.) b. In this problem, we have assumed that the level of expected sales is independent of current asset policy. Is this a ..

  Compute your profit per dollar invested

However what if E(rA) = 25%? There is an arbitrage here. What do you do to take advantage of the arbitrage? What do you sell and buy?

  What is the cross-rate for british pounds

What is the cross-rate for British pounds in terms of Canadian dollars?

  Two corporations a and b have exactly the same risk

Two corporations A and B have exactly the same risk, and both have a current stock price of $100. Corporation A pays no dividend and will have a price of $120 one year from now. Corporation B pays dividends and will have a price of $113 one year from..

  What is the amount of the firm total stockholder equity

Purple Dalia, Inc. has the following balance sheet statement items; current liabilities of $838,948; net fixed and other assets of $1,150,420.

  What effect would the recent shift in s and l policy have

Savings and loans associations (S&Ls) have recently moved away from using securities as scecondary reserves to borrowing from the federal funds market.

  Finance have to offer to senior corporate managers

1. What does behavioral finance have to offer to senior corporate managers (CEOs) that may help them in doing their jobs at publicly held companies? (Hint: First you may want to list what senior corporate managers like CEOs do) Be sure to ad..

  What factors will affect your decision

You consider both a covered call and a protective put. What factors will affect your decision?

  Determine how well a country is in international trade

Instead of looking at the absolute or comparative advantage, how can you determine how well a country is in international trade?

  Tirty years later in 1988 the averagecost was 13700 what

in 1958 the average tuition for one year at an ivy leagueschool was 1800. thirty years later in 1988 the averagecost

  What value should pk assign as the initial cost of project

When analyzing the bulk goods option, what value should PK assign as the initial cost of the project?

  What are some of the common barriers to entry for a firm

What are some of the common barriers to entry for a firm entering a new country for business? How does this vary from country to country?

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