What would the annual yield to maturity be on the bond

Assignment Help Finance Basics
Reference no: EM132341473

Fresh fruit inc has a $1,000 par value bond that is currently selling for $1404. It has an annual coupon rate of 13.70%, paid semi annually and has 22 years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?

Reference no: EM132341473

Questions Cloud

Risk-free rate and market return remained : What would be the return on the stock if the stock's beta increased to 4.68 while the risk-free rate and market return remained unchanged?
Caclulate the pay back period : A. Caclulate the pay back period. B. Calculate the projects net present value.
What was the inventory turnover at retail : Assume Staley's had net sales of $72,000 per day, beginning inventory of $22,000, and ending inventory at retail of $18,900.
What would the annual yield to maturity : The bonds have a par value of 1000 a current price of 1096 and will mature in 11 years. What would the annual yield to maturity be on the bond if you purchased
What would the annual yield to maturity be on the bond : What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?
How old will you be when the account has the target amount : You deposit this into an account that pays 9% interest compounded annually? How old will you be when the account has the target amount? (Answers are rounded.)
What is the effective annual cost of trade credit : Pet store Inc. sells on terms of 2/15, net 35. What is the effective annual cost of trade credit under these terms? Use a 365-day year.
What is sarah holding period return : What is Sarah's holding period return? Round the answer to two decimal places in percentage form.
How much money will be in the account 15 years from today : How much money will be in the account 15 years from today? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).

Reviews

Write a Review

Finance Basics Questions & Answers

  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.

  Implied or apparent authority to place the order

a) Did Melissa have express, implied or apparent authority to place the order?

  What is a forward transaction

In what sense do speculators earn a profit by absorbing risk? Why would the absence of speculators make it difficult for investors to quickly hedge or sell their positions?

  What is the net present value of the project

Assuming the tax rate is 35%. If the project's initial cost is $3,500, what is the net present value of the project?

  What are the advantages of matching the maturities of

what are the advantages of matching the maturities of assets and liabilities? what are the

  Discuss the history of us deficit in current accounts

Briefly discuss the history of US deficit in current and trade accounts and recent development in this deficit and how to understand the argument between USA and its major trade partners (German, Japan and China) about protectionism and currency m..

  Compute expected return on a portfolio

Determine the expected return on a portfolio if an equal amount is invested in each stock? What would be expected return if 50% of your funds.

  What is the net cash provided by financing activities

It also repurchased stock in the open market for a total of $47,063. What is the net cash provided by financing activities?

  Compute the predetermined overhead rate using the

artic company manufactures two products the arc and the ic. the company estimated it would incur 130890 in

  You are given the following information for calvani pizza

you are given the following information for calvani pizza co. sales 52000 costs 27300 addition to retained earnings

  Polycorp limited steel division is considering a proposal

polycorp limited steel division is considering a proposal to purchase a new machine to manufacture a new product for a

  Calculate the amount of new funds required to finance

calculate the amount of new funds required to finance this growth. Marbell has an 8% return on sales and 70% is paid out as dividends.

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