# accounting

posted by .

A bond price of \$987.50 has a face value of \$1000, pays 5% semiannually, and will repay the face value in 15 years.

5% tables Present Values Pv Annuity
year 13 .53032 9.39357
year 14 .50507 9.89864
year 15 .48102 10.37966

What is the yeild to maturity of the loan

a) 4.9%
b) 5.14%
c) 5.00%
d) 2.57%

## Similar Questions

1. ### Engineering economy

General Electric issued 1000 debenture bonds 3 years ago with a face value of \$5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the …
2. ### accounting

a 10 year bond pays 8% on a face value of \$1000. If similar bonds are yeilding 10%, what is the market value of the bond. use annual analysis
3. ### accounting

a 15 year bond pays 11% on a face value of \$1000. If similar bonds are currently yeilding 8%, what is the market value of the bond?
4. ### Pre-Calculus

What is the present value of a \$1000 bond which pays \$50 a year for 10 years, starting one year from now?

A bond price of \$987.50 has a face value of \$1000, pays 5% semiannually, and will repay the face value in 15 years. 5% tables Present Values Pv Annuity year 13 .53032 9.39357 year 14 .50507 9.89864 year 15 .48102 10.37966 What is the …

Please can you help me to solve and get the solution for these problems. how to get the solution please help me question: 1.Find the price of a 10% coupon bond with 10 years to maturity if interest rates: A) increase by 1% B) decrease …