Thursday
April 17, 2014

Homework Help: finance

Posted by chris on Thursday, September 6, 2012 at 4:58am.

A manufacturing company issues a bond with a 100,000 face value and a coupon rate of 7%. If the bond has a life of 30 years, pays annual coupons, and the yield to maturity is 6.8%, what percentage of the bond's price is the present value of the face value?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - A company issues a 6-year bond with a face value of 5,000 and semi-...
Finance - A company issues a 6-year bond with a face value of 5,000 and semi-...
Finance - A company issues a 10,000 par value 10-year bond with 8% annual coupon...
Finance - A company wishes to issues bonds with a coupon rate of 5%. The company...
Finance - 1) A company wishes to issues bonds with a coupon rate of 5%. The ...
finance - As of December 31, 2008, Johnstown Company has $50,000 in accounts ...
Economics - Bonds - The Garraty company has two bond issues outstanding. Both ...
Finance - Sarker manufacturing company produces and sells 40,000 units of a ...
algebra - Your company is planning to spend no less than $80,000 and no more ...
Accounting - 1. The company uses a job-order costing system. How would you ...

Search
Members