What was the current yield when she bought it

Assignment Help Finance Basics
Reference no: EM13270775

Xena owns a bond with an 8.5% coupon. She bought it for $1,050.00. She could sell it today based on a current yield of 8 ¼%. What was the current yield when she bought it? What price could she sell it for today? What would be her gain or loss if she sold it?

Reference no: EM13270775

Questions Cloud

Explain volume of ethylene glycol (c2h6o2) a nonelectrolyte : What volume of ethylene glycol (C2H6O2), a nonelectrolyte, must be added to 19.0 L of water to produce an antifreeze solution with a freezing point of -34.0°C
Design a mealy circuit has two inputs and two outputs : Design a Mealy circuit has two inputs, X and Y, and two outputs, Z and W. If the two inputs are 0 at the previous clock rising-edge and then 1 at the next clock rising-edge, then an output Z = 1 (else Z = 0). If one of the inputs is set to 1 and t..
What would he be willing to pay today : Chuck wants to earn 7.5% on his zero coupon bond that matures in 19 years. It has a face value of $1,000. What would he be willing to pay today?
Determine the speed of the shuttle relative to earth : A spaceship moves away from Earth at a speed 0.297 c, Determine the speed of the shuttle relative to Earth
What was the current yield when she bought it : Xena owns a bond with an 8.5% coupon. She bought it for $1,050.00. She could sell it today based on a current yield of 8 ¼%. What was the current yield when she bought it? What price could she sell it for today? What would be her gain or l..
Determine the error in temperature reading if noise is added : A temperature sensor produces 10 mV for each degree Fahrenheit. Determine the error in temperature reading if 20 mV of noise is added to the sensor output signal when the temperature is 70 degrees.
Explain the molecular orbitals for the following molecules : Draw the molecular orbitals for the following molecules. Label the hybridization of all non-hydrogen atoms BF3, CH20, O3
Would you recommend ahi complete this transaction : Which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)?
What is the magnetization and what is the magnetic feild : A toroid is fille with liquid oxygen that has a magnetic susceptibility of 4*10^-3. The toroid has 2000 turns and carries a current of 15 A. Its mean radius is 20 cm, and the radius of its cross section is 8 mm. (a) What is the magnetization

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine the affordable monthly mortgage payment

Determine the affordable monthly mortgage payment, the affordable mortgage amount, and affordable home buy price for the following situation;

  Relationship between bond prices and interest rates

Discuss and explain the relationship between bond prices and interest rates and what impact do changing interest rates have on the price of long-term bonds versus short-term bonds?

  Compution of ranges where increase and decrease in return

Compution of ranges where increase and decrease in return occurs and describe and show the point where diminishing returns occurs

  Compute the failure rate for six transformers

Compute the failure rate for six transformers that were tested for 600 hours each, three of which failed after 100,175, and 350 hours.

  Calculate gross margin and total contribution margin

The following data has been provided by the Evans Retail Stores, Corporation, for the first quarter of the year:

  Find the external financing needed

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $963.60 was paid, and Martin wishes to maintain a constant payout ratio

  Estimate expected stock price

Kirkland Motors expects to pay a $2.00 a share dividend on its common stock at the end of the year. The stock currently sells for $20.00 a share.

  What is the dividend yield percentage rate

The required return on Mountain Meadow stock is 14 percent and the dividend growth rate is 3.5 percent. The stock is currently selling for $11.80 a share. What is the dividend yield percentage rate?

  What is the profit or loss associated with cooper

Allocate the joint costs using relative weight. With these costs, what is the profit or loss associated with Cooper?

  Prepare a schedule showing unit and total depletion

Cleanburn Coal Corporation bought coal-leasing land that contains 800,000 tons of coal for $21,700,000. Soil test through geologist cost $35,250 for the purchased land, but test at other sites that yielded negative results cost $116,250.

  What is the net new long-term debt

Suppose Raines Umbrella Corp. paid out $61,000 in cash dividends. Is this possible? If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt?

  Making profit by arbitrage opportunity

Suppose that the current spot exchange rate is USD/SKR6.25 and the three-month forward exchange rate is USD/SKR6.28. The three-month interest rate is 5.6% per annum in the U.S. and 8.8% per annum in Sweden.

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