What rate of return

Assignment Help Finance Basics
Reference no: EM131765235

Last year Janet purchased a $1,000 face value corporate bond with an 7% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 12.74%. If Janet sold the bond today for $1,074.57, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.

Put into a excel spreadsheet please to see calculations.

Reference no: EM131765235

Questions Cloud

Determined the amount of depreciation for the first : Determined the amount of depreciation for the first and second year's computed by double declining Balance method
Agent delivering a pap tells a client : "This policy will cover you when you are driving my car, and it will cover anyone when they are driving your car." How accurate is this statement?
Prepare quarterly production budgets for each quarter : Pletcher Company produces and sells automobile batteries, the heavy-duty HD-240. Prepare Quarterly production budgets for each quarter and in total for 2011
Social media metrics-stages of social media plan : Social media metrics, influences on advertising by social media, stages of a social media plan,
What rate of return : What rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.
Compute the current marginal tax rate : Jorge and Anita, married taxpayers, earn $187,500 in taxable income and $27,500 in interest from an investment in City of Heflin bonds. Using the U.S. tax rate.
Determine what type of training methodology you will use : Determine what type of training methodology you will use. Evaluate whether or not there is a change management component to its roll-out.
Define following fiscal year by the straight-line method : Determine the depreciation for the current fiscal year and for the following fiscal year by the straight-line method
What annual interest rate is paul charging you : Financing is available, and the terms are 10% down and payments of $65.00 a month for 40 months. What annual interest rate is Paul charging you?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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