What is yield to call for these bonds

Assignment Help Financial Management

Reference no: EM131524874

Atlantis Fisheries issues zero coupon bonds on the market at a price of $406 per bond. These are callable in 8 years at a call price of $650. Using semiannual compounding, what is the yield to call for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Yield to call %

Reference no: EM131524874

Questions Cloud

What is the net amount raised and total indirect costs : What is the net amount raised? What are the total indirect costs? What are the total costs? What was the flotation cost as a percentage of funds raised?

Invest in portfolio containing stock : You have $132,000 to invest in a portfolio containing Stock X, Stock Y, and a risk-free asset. how much money will you invest in Stock Y?

What is the present value of the future amount : What is the present value of the annuity? What is the present value of the future amount?

Compute the yield to maturity on old issue : Russell Container Corporation has $1,000 par value bond outstanding with 30 years to maturity. Compute the yield to maturity on the old issue.

What is yield to call for these bonds : These are callable in 8 years at a call price of $650. Using semiannual compounding, what is the yield to call for these bonds?

What is the value of bond : What is the value of a bond that has a par value of $1000, that has a coupon rate of 9.98 percent (paid annually), and that matures in 6 years?

Contemplating replacement of one of its knitting machines : Coiner Clothes is contemplating the replacement of one of its knitting machines with a newer, and more efficient one.

What is the value of bond that has par value : What is the value of a bond that has a par value of $1000, that has a coupon rate of 9.98 percent (paid annually), and that matures in 6 years?

What is the standard deviation of the stock return : What was the stock’s return for the missing year? What is the standard deviation of the stock’s return?

User Account

All Pages