What yield to maturity is the bond offering

Assignment Help Finance Basics

Reference no: EM13258469

A 5.85 percent coupon bond with 18 years left to maturity is offered for sale at $1,055.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)

Reference no: EM13258469

Questions Cloud

Define phosgene decomposes by the reaction cocl : Phosgene decomposes by the reaction COCL(g) CO(g) + Cl2 K2=8.3x10^-4 (at 360C) When 5.00 mol of COCL2(g) are placed in a 10.0 L flask, find the quilibrium concentration of COCL2, CO and CL2 using the follow steps

Calculate hotel-s phone bills for january and february : A hotel pays the phone company $200per month plus $.15 for each call made. During January 7,000 callswere made. In February 8,000 calls were made. Calculate the hotel's phone bills for January and February.

Case study of legolas company : Legolas Company paid $5,000 cash for executive salaries. When thejournal entry to record this payment was made, the payment wasmistakenly added to the cost of land purchased by Legolas. Thejournal entry needed to correct this error wouldbe:

What is the price paid to the bondholder : A 4.7 percent corporate coupon bond is callable in ten years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?

What yield to maturity is the bond offering : A 5.85 percent coupon bond with 18 years left to maturity is offered for sale at $1,055.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)

What is the price of these three bonds in dollars : If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?

What would the world be like without morality : Adam Smith felt self interest was a motivator, does this mean there would be no morality with this viewpoint? If so, what would the world be like without morality?

What is the compound focal length : The focal length of a bi-convex lens is 10 cm. The focal length of a convex-concave thin lens is -20 cm. If placing them in parallel and in close contact, what is the compound focal length

Determine the speed and a suitable number of poles : A 3-phase, 60 Hz supply and two 3-phase synchronous machines are available. Determine the speed, and a suitable number of poles, for each synchronous machine to provide: a) A 3-phase, 180 Hz supply. b) A 3-phase, 500 Hz supply.

User Account

All Pages