What is the yield to the maturity on the bonds

Assignment Help Financial Management
Reference no: EM131611804

Dan is considering the purchase of Super Technology, Inc bonds that were issued 7 years ago. When the bonds were orginally sold they had a 22 year maturity and a 8.25 percent coupon rate, paid annually. The bond is currently selling for $723. Par value of the bond is $1000. What is the yield to the maturity on the bonds if you purchased the bond today?

Round answer to two decimal places in percentage form.

Reference no: EM131611804

Questions Cloud

Conduct some additional internet research on ocbc : Conduct some additional internet research on OCBC, and examine how OCBC has performed recently-what has it done more of.
Determine the monthly mortgage payment : determine the monthly mortgage payment you would be scheduled to make in month 13 of the mortgage loan’s term.
Calculate alex income elasticity of demand for bagels : When Alex's income was $3,000, he bought 4 bagels and 12 donuts a month. Now his income is $5,000 and he buys 8 bagels and 6 donuts a month.
How should eec tie performance measures to compensation : Describe unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation
What is the yield to the maturity on the bonds : What is the yield to the maturity on the bonds if you purchased the bond today?
Achievement of work responsibilities to all co-workers : Strategies and processes communicate information associated with the achievement of work responsibilities to all co-workers?
Discuss fathers who founded all those rituals were very wise : Indeed, modern men, who lack such things, lack sustenance, and our fathers who founded all those rituals were very wise
Select two out of the five case studies : Select two out of the five case studies and present your defense strategy as if you were the HR representative for the company.
Calculate the funds from operation : calculate the funds from operation (FFO):

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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