Finance

posted by .

Johnson Motors’ bonds have 0 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon rate is 8 percent. The bonds have a yield to maturity of 9 percent. What is the current market price of these bonds?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. FINANCE

    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 …
  2. FINANCE

    Yield to call Six years ago, the Singleton Company issued 20-year bonds with a 14 percent annual coupon rate at their $1,000 par value. The bonds had a 9 percent call premium, with 5 years of call protection. Today, Singleton called …
  3. financial management

    current yield for annual payments bonds have 25 years remaining to maturity. the bonds have a face value of $1000 and a yield to maturity of 7 percent. they pay interest annually and have a 11 percent coupon rate. what is their current …
  4. accounting

    Midland Oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is: A. 7 percent. B. 10 percent. C. 13 percent.
  5. math

    Midland Oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is: A. 7 percent. B. 10 percent. C. 13 percent.
  6. Healthcare Finance

    Assume venture healthcare sold bonds that have a ten year maturity a 12 percent coupon rate with annual payments, and a $1,000 par value. A. Suppose that two years after the bonds were issued, the required interest rate fell to 7 percent. …
  7. Finance

    Zabberer Corporation bonds pay a coupon rate of interest of 12 percent annually and have a maturity value of $1000. The bonds are scheduled to mature at the end of 14 years. The company has the option to call the bonds in 8 years at …
  8. Finace

    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 …
  9. finance

    1. Yest Corporation's bonds have a 15-year maturity, a 7% semiannual coupon, and a par value of $1,000. The market interest rate (r) is 6%, based on semiannual compounding. What is the bond’s price?
  10. Finance

    Debt: 223,000 7.0 percent coupon bonds outstanding, 25 years to maturity, selling for 107 percent of par; the bonds have a $1,000 par value each and make semiannual payments. I need help finding the YTM...

More Similar Questions