Posted by **Mel** on Tuesday, September 18, 2007 at 7:12pm.

Bond valuation

Callaghan Motors’ bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent; and the yield to maturity is 9 percent. What is the bond’s current market price?

- FINANCE -
**Anonymous**, Tuesday, October 23, 2007 at 10:09am
this is a good one, I have to do the same problem, very nice

- FINANCE -
**JJ**, Sunday, May 29, 2011 at 3:35pm
yes

- FINANCE -
**Kg**, Wednesday, June 22, 2011 at 4:01pm
Bond valuation

Callaghan Motors’ bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent; and the yield to maturity is 9 percent. What is the bond’s current market price

## Answer this Question

## Related Questions

- Finace - Bond valuation Callaghan Motors’ bonds have 10 years remaining to ...
- Finance - Johnson Motors’ bonds have 0 years remaining to maturity. Interest is ...
- FINANCE - 10. Bond prices and interest rate An 8 percent coupon bond with 15 ...
- finance - 1. Yest Corporation's bonds have a 15-year maturity, a 7% semiannual ...
- finance - (Bond valuation) Eagle Ventures has a bond issue outstanding with an ...
- Need help by tonite Finance - 15. Bond ratings and prices A corporate bond with ...
- financial management - current yield for annual payments bonds have 25 years ...
- Finance - Benson Incorporated has bonds with the following features: Par value ...
- finance - Suppose Delta Company issued bonds with a 15-year maturity, a Rs. 1,...
- Finance - Bond value and time--Constant required returns Pecos Manufacturing has...

More Related Questions