What is this bonds time to maturity

Assignment Help Financial Management
Reference no: EM131130750

Time to Maturity A bond issued by a corporation on September 1, 1989 is scheduled to mature on September 1, 2046. If today is September 2, 2009, what is this bond's time to maturity?

Reference no: EM131130750

Questions Cloud

Identify victim of specific crime with background different : Discuss how it might impact their families based on their cultural background. Discuss how it might be perceived by society based on the victim's cultural background.
Essay on troubleshooting communication : Write essay in which you:- Briefly summarize your chosen instance of failed communication.- Discuss the reasons why the original persuasive campaign was unsuccessful.
Automobile insurance coverage-insurance cover : Becky Fenton has 70/140/80 automobile insurance coverage. If two other people are awarded $115,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?
Summarize the tax issues and your recommendation : Based on the following facts, the Director has requested you to prepare a brief memo summarizing the tax issues and your recommendation whether the individuals will be classified for US tax purposes as employees or independent contractors.
What is this bonds time to maturity : Time to Maturity A bond issued by a corporation on September 1, 1989 is scheduled to mature on September 1, 2046. If today is September 2, 2009, what is this bond's time to maturity?
The interest rate associated with an equal payment loan : Which present value interest factors would be used to find (a) The growth rate associated with a series of cash flows and (b) The interest rate associated with an equal-payment loan?
Purpose of the coinsurance in both types of insurance : Coinsurance clauses are found in many property policies as well as in many health insurance policies, although the purpose of each is vastly different. Explain the purpose of the coinsurance in both types of insurance.
What is an order of protection : What is an order of protection? - Does your state have legislation that allows pets to be included in dv protection orders? If yes, please explain
What is its weighted average cost of capital : what is its weighted average cost of capital? If EuroAsia's beta is estimated at 0.9, significantly lower because of the high demand for automobile parts, what is its weighted average cost of capital? Petro-U.K. (U.K.). Petro-U.K. is a British energy..

Reviews

Write a Review

Financial Management Questions & Answers

  About the inflation adjustments

The Rodriguez Company is considering an average-risk investment in a mineral water spring project that has a cost of $170,000. The project will produce 850 cases of mineral water per year indefinitely. What is the NPV of the project? Do not round int..

  Calculate present value of each of anticipated dividends

Beasley Ball Bearings paid a dividend of $4 last year. The dividend is expected to grow at a constant rate of 3 percent over the next five years. The required rate of return is 11 percent. Compute the anticipated value of the dividends for the next f..

  What are the operating cash flows in years

Johnny’s Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $48,000 and will be depreciated according to the 3-year MACRS schedule. It will be sold for scrap metal after 3 years for $12,000. The grill will have no ef..

  What was its average receivables balance

Philip Philips Inc. had credit sales of $3,500,000 last year and its days sales outstanding was DSO = 40 days. What was its average receivables balance, based on a 365-day year?

  What is the value of your portfolio

You own a two-bond portfolio. Each has a par value of $1,000. Bond A matures in five years, has a coupon rate of 8 percent, and has an annual yield to maturity of 9.20 percent. Bond B matures in fifteen years, has a coupon rate of 8 percent and has a..

  What was plylers equity multiplier

Assuming that all Plyler’s sales are on credit, what was the company’s Days Sales Outstanding in 2015? (For balance sheet accounts, use the average of the beginning and end-of-year balances). What was Plyler’s Equity Multiplier for 2015?

  Correspondence principle means

Correspondence principle means:

  Liquidity index for the depository institution

In the even of an unexpected and severe drain on deposits in the next 3 days, and 10 days, the depository institution will liquidate assets in the following manner: Calculate the 3 and 10 day liquidity index for the depository institution.

  Npv and irr calculations

Find the IRR and NPV for given question - NPV and IRR calculations

  What is the divisor

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93, $312, and $78, respectively. Assume that Able undergoes a 1-for-2 reverse stock split. What is the divisor?

  Buckets of money

Julia Price Wants to Drive a BMW It has been almost 15 years since Julia graduated with a major in aeronautical engineering, and now she makes “buckets of money” working as a project manager for a large defence contracting company. While she is not v..

  When creating bond investment strategy

When creating a bond investment strategy, one should consider his: investment goal; investment horizon; risk tolerance; tax status; all of the above

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