Tuesday

May 5, 2015

May 5, 2015

Number of results: 22,416

**finance (higher interest rate)**

A higher interest rate (discount rate) would? A. reduce the price of corporate bonds B. reduce the price of preferred stock C. reduce the price of common stock D. all of the above I remember reading about the relationship between interest and bonds/stocks. When the FR raises ...
*July 25, 2008 by Jason*

**econ**

True or false; 1.Lenders gain when inflation is higher than expected. 2. Lenders lose when inflation is higher than expected 3. real interest rates will never go negative 4. loan contracts specify the nominal interest rate. 5. if inflation is higher than the nominal interest ...
*February 10, 2014 by hannah*

**econ**

True or false; 1.Lenders gain when inflation is higher than expected. 2. Lenders lose when inflation is higher than expected 3. real interest rates will never go negative 4. loan contracts specify the nominal interest rate. 5. if inflation is higher than the nominal interest ...
*February 11, 2014 by hannah*

**social studies**

1)An interest rate is a special type of? a. loan b. price c. bank d. service 2) How does a compound interest rate differ from a simple interest rate? a. Compound interest rates pay more interest over time b. Compound interest rates are calculated only once a year c. Compound ...
*January 7, 2015 by Leah*

**Finance**

Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. a. What would be the future value if the interest rate is a simple interest rate? b. What would be the future value if the interest rate is a compound interest rate?
*August 22, 2012 by tisha*

**Finance**

Calculate die after-tax cost of debt under each of the following conditions: a. Interest rate of 13%, tax rate of 0% b. Interest rate of 13%, tax rate of 20% c. Interest rate of 13%, tax rate of 35%
*December 5, 2010 by Anonymo*

**Economics**

What is usually the relationship between a bond’s rating and the interest rate a company pays to buyers? A. The rating is the same as the rate. B. The higher the rating, the lower the rate. C. There is no relationship. D. The higher the rating, the higher the rate.
*June 4, 2012 by Anonymous*

**corporate finance**

If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 3% real interest rate on your investment?
*October 19, 2010 by rob*

**Math**

Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple interest: Interest Earned = Principal×Rate×Time) (a)$ 18.00 (b)$ 1,800 (c)$ 180 (d)$ 1.80 (e)$ 18 I put in 2400*9*.10 and it equals 2160 so i don't ...
*September 18, 2011 by Gregg*

**Hogan**

Please help identify the topic subject in each paragraph: Interest rates affect our purchasing decision in a two different ways. A lower interest rate is obviously preferred to minimize expenditure being either long or short term. A lower interest rate is good when taking a ...
*January 16, 2011 by Darlene*

**Social Studies**

I was wondering if I could check my answers with someone. I'm a bit confused with interest. I put stars next to the answers I chose. Thank you. An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest rate differ from a ...
*November 14, 2012 by Greg*

**Finance**

The Carter Company's bond mature in 10 years have a par value of 1,000 and an annual coupon payment of $80. The market interest rate for the bond is 9%. What is the price of these bonds The coupon rate on the bond, (interest/principal at maturity) = 8% Since prevailing market ...
*February 14, 2007 by Dee*

**Finance**

1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
*June 18, 2014 by Summer14*

**Finance **

1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
*June 18, 2014 by Anonymous*

**Finance**

1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
*June 18, 2014 by Anonymous*

**Finance**

Answers for a 10 year us treasury bond has a 3.50 % interest rate, while a same maturity corporate bond has a 5.25 % interest rate. Real interest rates and inflation rate expectations would be for the two bonds. if default risk premium of 1.50 percentage points is estimated ...
*May 2, 2012 by Ann*

**Finance**

Your parents are retired and have expressed concern about the really low interest rates they’re earning on their savings. They’ve been approached by an advisor who says he has a “sure-fire” way to get them higher returns. What would you tell your parents about the low-...
*February 5, 2015 by John*

**math,algebra**

Is this correct Business and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years, is given by I= Prt. Find the simple interest on a principal of $6000 at 3% for 2 years. Simple Interest = Principle x Rate x Time (in years)
*December 11, 2006 by Jasmine20*

**math **

You want to explain to your friend that your bank’s interest rate has gone down from 1.2% to 0.3%. Which sentence below has the correct meaning? A)My interest rate has decreased 25%. B)My interest rate has decreased 0.9 percentage points. C)My interest rate is 0.9% of what it ...
*May 9, 2013 by jordan*

**Finance**

Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest rate is compounded ...
*March 18, 2007 by Antoinette*

**COM 155**

Write 2 paragraphs about how interest rates affect our purchasing descisions. Identify the topic sentence by underlining it. Interest rates is the price that the lender sets for the borrower to pay as a fee to borrow money. Depending on whether or not interest rates are high ...
*May 27, 2011 by Richelle*

**pre calculus**

Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
*March 4, 2014 by Danielle*

**Com**

Could you please tell me if the first sentence in each paragraph are topic sentences. The higher the interest rate of credit cards, mortgage or vehicles, the less cash we have in our pockets. When the interest rate of savings is higher that means more money in your pocket. If ...
*April 12, 2011 by William *

**Business finance**

In a discount interest loan, you pay the interest payment up front. For example, if a 1-year loan is stated as $10,000 and the interest rate is 10 percent, the borrower “pays” 0.10 x $10,000 = $1,000 immediately, thereby receiving net funds of $9,000 and repaying $10,000 in a...
*January 10, 2011 by Bryan*

**Finance**

12. Your current $155,000 mortgage calls for monthly payments over 25 years at an annual rate interest rate of 6 percent. If you pay an additional $50 each month beginning with the first payment, how much interest expense do you save by pre-paying?
*October 13, 2014 by Stovall*

**help**

The interest rate on a second mortgage was5 7/8 % last month. This month the interest rate is 7 3/2 %. How many percentage points has the interest rate increased? Are you sure you mean 7 3/2% ? No lender would write an intereest rate that way. Perhaps you typed a numerator or ...
*March 26, 2007 by carmen*

**comm155**

can some one please check my home work for me to see if all the requirement are met and let me know what need to be corrected. The first sentence in each paragraph is underlined. In a total of 200 words, write two paragraphs about how interest rates affect our purchasing ...
*December 17, 2010 by queen*

**Finance/Economics**

You can invest your money in a taxable corporate bond paying 10% interest or a tax-free municipal bond paying 7% interest. Which would pay the higher after tax interest if you are in the 28% tax bracket?
*September 16, 2014 by Mark*

**Finance**

Given her evaluation of current economic conditions, Ima Nutt believes there is a 20 percent probability of recession, a 50 percent chance of continued steady growth, and a 30 percent probability of inflationary growth. For each possibility, Ima has developed an interest rate ...
*February 13, 2013 by Anonymous*

**Mathematics**

I really need help with these three questions. Thank You. 1. Calculate the finance charge and new balance using the previous balance method. Previous balance = $179.32 Annual rate = 16% Finance charge $ ? New purchases = $117.42 Payments/credits = $85.00 New balance = $ ? 2. ...
*January 27, 2010 by Anonymous*

**Finance**

Calculate the simple interest and maturity value. Principle $16,000 Interest Rate 4% Time 18 mnths
*November 21, 2010 by Anonymous*

**Finance**

An investment pays 9 percent interest compounded semi-annually. What is the effective annual interest rate?
*January 31, 2013 by Tanya*

**AP Macroeconomics**

3. You buy a certificate of deposit (CD) that pays a nominal rate of 12% annually. You have a tax rate of 25%, so if the interest on this CD is taxable (which it may not be) your after-tax nominal rate is (1 ñ 25%) • 12% = 9%. Since 10% equals .1, we can rewrite the equation ...
*October 21, 2013 by Emily*

**finance**

If you expect the inflation premium to be 2%, the default risk premium to be 1%, and the real interest rate to be 4%, then what interest rate would you expect to observe in the marketplace on short-Term Treasury Securities?
*March 13, 2011 by dominic*

**Finance**

Kim has money in a savings account that earns an annual interest rate of 4.1%, compounded monthly. What is the effective rate of interest on Kim's account? Round to the nearest hundredth of a percent.
*April 2, 2014 by Lynn*

**Finance**

Suppose a new company decides to raise a total of $200 million, with $100 million as common equity and $100 million as long-term debt. The debt can be mortgage bonds or debentures, but by an iron-clad provision in its charter, the company can never raise any additional debt ...
*October 20, 2011 by Alice*

**FINANCE**

5. Forecasting Interest Rates Assume the current interest rate on a one-year Treasury bond (1R1) is 5.00 percent, the current rate on a two-year Treasury bond (1R2) is 5.75 percent, and the current rate on a three-year Treasury bond (1R3) is 6.25 percent. If the unbiased ...
*October 31, 2014 by Dashawn*

**FINANCE**

7. Forecasting interest rates Assume the current interest rate on a one-year Treasury bond (1R1) is 5.50 percent, the current rate on a two-year Treasury bond (1R2) is 5.95 percent, and the current rate on a three-year Treasury bond (1R3) is 8.50 percent. If the unbiased ...
*October 31, 2014 by Dashawn*

**FINANCE**

Answer both questions A).The treasurer of a German firm has €5 million to invest for three months. The annual interest rate in the Germany is 4 percent: the interest rate in the United Kingdom is 2 percent. The spot rate of exchange is €1.1/£ and the three-month forward rate ...
*August 5, 2010 by RICKY*

**Corporate Finance**

Your best taxable investment opportunity has an EAR of 4%. You best tax-free investment opportunity has and EAR of 3%. If your tax rate is 30%, which opportunity provides the higher after-tax interest rate?
*October 20, 2010 by Anonymous*

**Finance for the Healthcare Professional**

How does the frequency of interest compounding, regardless of the rate of interest or period of accumulation, affect the future value of any given amount?
*January 12, 2010 by Opal*

**math**

If you purchase an item for $1,263 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
*July 26, 2011 by said*

**ALEGEBRA**

If you purchase an item for $1,232 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
*November 21, 2011 by MONICA*

**algebra**

If you purchase an item for 1,272 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add -on interest?(round your answer to nearest dollar.)
*March 14, 2012 by Mark*

**math**

If you purchase an item for $1,294 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.) $ 1
*August 20, 2012 by Anonymous*

**math**

If you purchase an item for $1,294 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.) $ 1
*August 20, 2012 by Anonymous*

**math**

If you purchase an item for $1,242 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
*September 23, 2013 by Antonio*

**finance**

Your best taxable investment opportunity has an EAR of 4%. Your best tax-free investment opportunity has an EAR of 3%. If your tax rate is 30%, which opportunity provides the higher after-tax interest rate?
*July 14, 2010 by Jay*

**Finance**

Your best taxable investment opportunity has an EAR of 4%. You best tax free investment opportunity has an EAR of 3%. If your tax rate is 30%, which opportunity provides the higher after tax interest rate?
*October 13, 2010 by Sandy*

**finance**

If you invested $1000 today at a rate of 5% for five years, and periodically you withdrew the interest earned, what type of interest is calculated for during the term of the investment?
*May 1, 2011 by kay*

**Math Personal Finance**

Assume a 30-month CD purchased for pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
*June 8, 2014 by Alexis*

**Finance**

Find the finance charge in the open end charge account. Assume interest calculated is on the unpaid balance of the account Unpaid balance $611.80 Monthly interest rate 1.1%
*February 21, 2013 by Kate *

**finance**

What is the relationship between an interest rate and a discount rate in time value of money calculations?
*November 16, 2010 by Anonymous*

**Finance**

A bond that has a $1,00 par value (face value)and a contract or coupon interest rate of 10.1 percent. Interest payment are $50.50 and are paid semiannually. The bonds have a current value $1,125 and will mature in 10years. The firms marginal tax rate is 34 percent.
*January 16, 2015 by Patty*

**Finance**

A bond that has a $1,00 par value (face value)and a contract or coupon interest rate of 10.1 percent. Interest payment are $50.50 and are paid semiannually. The bonds have a current value $1,125 and will mature in 10years. The firms marginal tax rate is 34 percent.
*January 17, 2015 by Patty*

**Math Personal Finance**

Assume a 30-month CD purchased for $4000 pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
*June 8, 2014 by Alexis*

**Health care finance**

John Doe is in the 40 percent tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. A. What is his after-tax interest rate on the bonds?
*October 26, 2010 by Meme*

**Finance**

What is the effective annual rate on a certificate of deposit that promises to pay interest at a 6.6 percent rate, compounded monthly?
*February 2, 2011 by Finance*

**economic**

supposes that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Then inflation turns out to be higher than they both expectedInflation during the 1970s was much higher than most people had expected when the decade began.How did this affect ...
*April 25, 2011 by maya*

**Finance**

Bill Seeker bought a boat costing $8500 with $1500 down, the balance plus add-on interest to be paid in 36 monthly installments. If the add-on interest rate was 18% find A. the total interest charged. b. the monthly payment, to the nearest dollar
*October 9, 2011 by Brian*

**Real Estate Finance**

A $100,000, 30 year fixed rate mortgage at 8% interest has monthly principal and interest payments of $733.76. What is the loan balance after the first payment?
*December 8, 2012 by tmouery*

**math**

marla earned $400.00 interest over 2 years on a $4000.00 investment. jovita earned $960.00 interest over 4 yars on her $ 6000.00 investment. Who had the higher rate of interest?
*June 15, 2011 by don*

**Finance**

you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
*March 19, 2013 by Miller*

**Finance**

you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
*March 19, 2013 by Miller*

**Finance**

you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
*March 19, 2013 by Miller*

**Finance**

you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
*March 19, 2013 by Miller*

**Finance**

Bond with $1000 par value and a contract interest rate of 10.8%. Bonds current market rate is $1123 and matures in 10 years. Marginal tax rate is 34%. What is the cost of capital from this bond debt?
*February 21, 2013 by Rob*

**tsu**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 5, 2013 by elizabeth*

**MATH**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by CABDY*

**MATH**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by WENDY*

**MATH**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by TYRONE*

**MATH**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by MIKE*

**Math**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by Roshalle*

**math**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by james*

**Math**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by Rachel*

**Finance**

Suppose that five years ago Cisco Systems sold a 15-year bond issue that had a $1,000 par value and a 7 percent coupon rate. Interest is paid semiannually. a. If the going interest rate has risen to 10 percent, at what price would the bonds be selling today? b. Suppose that ...
*September 27, 2012 by Christian*

**Math**

Business and finance. Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?
*October 22, 2008 by Gertrude Sanders*

**Finance**

Kim Davis is in the 40% personal tax bracket. She is considering investing in HCA (taxable) bonds that carry a 12% interest rate. a. What is her after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial has issued tax exempt bonds that have an interest rate...
*January 27, 2014 by Lisa*

**Finance**

"The value of outstanding bonds change whenever the going rate of interest changes. In general, short-term interest rates are more volatile than long-term interest rates. Therefore, short-term bond prices are more sensitive to interest rate changes than are long-term bond ...
*November 12, 2006 by Marsha*

**COM155**

Write two paragraphs about how interest rates affect our purchasing decisions. High interest rates make us stop and think, do we need this item? Is it a necessity? When interest rates are high people tend to finance things less. Why pay a lot in interest when you can just ...
*August 9, 2011 by Jessica*

**math**

the total amount of interest on this loan of $6000 for 150 days is $210.50. what is the rate of interest on this loan? If not compounded, or simple interest, then Interest=Principal(rateinterest)*time Here time is 5/12 of a year, you are given the interest and principle. ...
*August 21, 2006 by Haydee*

**chemistry**

What is the rate of disappearance of dinitrogen pentoxide between 100 s and 200 s? Is this rate higher or lower than the rate from 0 s to 100 s that you calculated in part c? As the reaction takes place, what happens to [N2O5]? In general, does a higher concentration of ...
*April 26, 2012 by Anonymous*

**math**

a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
*February 14, 2013 by sherry*

**Finance**

The CFO of your company has asked you to review an interest rate hedging proposal that aims to help reduce the organization’s interest expenses. Your review indicates that the organization has available $30MM in cash immediately, with a specific amortization table on paying ...
*November 5, 2010 by Nicole Smith*

**math/Finance**

I want to know the formula to use 1. A 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was discounted on August 30 at 9.5%. Find the proceeds at the time of the sale. 2. 8. A $15,000 T-bill is purchased at a 3.85...
*September 6, 2012 by Janine*

**Math Finance**

Word problem asks to find rate of interest on a monthly deposit for a sinking fund that is needed to produce 130,000 in 20 years. I applied the model, (fv/pv)^1/t -1 I use n/t if compounding yearly, quaterly, etc. No matter what I've tried I can't produce the interest rate ...
*July 3, 2014 by Rob*

**Finance**

A 12-year bond has an annual coupon rate of 9%. The coupon rate will remain fixed until the bond matures. The bond has a yield to maturity of 7%. Which of the following statements is CORRECT? (Points: 4) The bond is currently selling at a price below its par value. If market ...
*April 11, 2007 by Rajini*

**HealthCare Finance Bonds **

John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt bonds that have an ...
*May 25, 2013 by Chris*

**Finance**

Rancher Rick purchased an additional 80 acres of hay ground to produce hay for his Angus herd. He paid $700/acre. He paid $20,000 down and took out a 10 year loan with interest calculated using add-on interest for the rest of the cost of the land. Assume annual payments and 5...
*December 2, 2012 by Renee*

**Determinants of Interest Rates **

If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 3% real interest rate on your investment?
*October 20, 2010 by Anonymous*

**business finance**

value of outstanding bond changes whenever the going rate of interest changes in general short term interest rates are more volatile than long term interest rates. therefore short term bond prices are more sensitive to interest rate changes than are long term bond prices.is ...
*April 9, 2010 by soniya*

**math**

Marla earned $400 interest over 2 years on a $4,000 investment. Jovita earned $960 interest over 4 years on her $6000 investment. Who had the higher rate of interest? Explain.
*July 15, 2009 by Miguel*

**MATH MATH MATH**

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a $195,000 home if you put 20% down and financed the remaining with a ...
*November 9, 2013 by KIM*

**Math**

Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest owed. Can you figure...
*February 18, 2014 by Dan*

**Finance**

Which of the following statements is CORRECT? a. Two bonds have the same maturity and the same coupon rate. However, one is callable and the other is not. The difference in prices between the bonds will be greater if the current market interest rate is below the coupon rate ...
*October 20, 2011 by Alice*

**Finance**

Which of the following statements is CORRECT? a. Two bonds have the same maturity and the same coupon rate. However, one is callable and the other is not. The difference in prices between the bonds will be greater if the current market interest rate is below the coupon rate ...
*October 20, 2011 by Alice*

**finance**

Monrrow Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 7.7% on these bonds. What is the bond's price?
*November 4, 2013 by granann*

**Finance**

The yield curve is typically _____________, meaning that the annualized interest is higher for debt securities with longer terms to maturity. A. Upward B. vertical C. Downward D. Horizontal
*October 26, 2013 by Sharon *

**Finance**

Explain why a savings and loan association that pays a nominal rate of 4.5% interest, compounded daily, actually pays an effective rate of 4.6 %.
*April 13, 2012 by Sammy James*

**personal finance**

explain why a savings and loan association that pays a nominal rate of 4.5% interest, compounded daily, actually pays an effective rate of 4.6%.
*March 31, 2012 by cory*