Tuesday
September 23, 2014

Homework Help: Finance

Posted by Anonymous on Tuesday, October 16, 2012 at 9:56pm.

A corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.6 percent, and a current price of $1,175. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 8.4 ...
Finance - Crossfade Co. issued 15-year bonds two years ago at a coupon rate of ...
finance - Ngata Corp. issued 18-year bonds 2 years ago at a coupon rate of 9.6 ...
Finance - Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 8.4 ...
corporate finance - Ngata Corp. issued 17-year bonds 2 years ago at a coupon ...
Finance - Debt: 223,000 7.0 percent coupon bonds outstanding, 25 years to ...
FINANCE - Bond valuation Nungesser Corporationís outstanding bonds have a $1,000...
Finance - Johnson Motorsí bonds have 0 years remaining to maturity. Interest is ...
Finance - moussawi ltd's outstanding bonds have a $1000 par value, and they ...
Finance - Wachowicz Corporation issued 15-year, noncallable, 7.5% annual coupon ...

Search
Members