Finance

A company issues a 10,000 par value 10-year bond with 8% annual coupon payments. If the yield rate is 6%, calculate the price of this bond.

  1. 👍
  2. 👎
  3. 👁
  1. if my bond carries an 11% coupon paid semiannually with a par value of $1000 and it matures in 7 years. It sells for $1,091.41 what is its YTM? What is its current yieldaa/

    1. 👍
    2. 👎
  2. if my bond carries an 11% coupon paid semiannually with a par value of $1000 and it matures in 7 years. It sells for $1,091.41 what is its YTM? What is its current yieldaa/

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Corporate Finance

    Bond price: Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent. Assuming annual payments, what is the present value of the bond? (Round to the nearest

  2. Math

    The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds

  3. Finance

    Suppose the September CBOT Treasury bond futures contract has a quoted price of 89-09. What is the implied annual interest rate inherent in this futures contract? Assume this contract is based on a 20 year Treasury bond with

  4. 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

  1. finance

    the corner grocer has a 7-year, 6 percent annual coupon bond outstanding with a $1,000 par value. the bond has a yield to maturity of 5.5 percent. Which one of the following statements is correct if the market yield suddenly

  2. Finance

    A 20-year, $1,000 par value bond has a 9% annual coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now

  3. Finance

    Brown Enterprises’ bonds currently sell for $1,025. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000. What is their current yield? 7.80% 7.90% 9.00% 9.10% 9.20%

  4. 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? 2. A 20-year, $1,000 par

  1. 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

  2. Finance

    Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The

  3. Finance

    Bond value and time--Constant required returns Pecos Manufacturing has just issued a 15-year, 12% coupon interest rate, $1,000-par bond that pays interest annually. The required return is currently 14%, and the company is certain

  4. Finance

    Bond X is a premium bond making annual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. Bond Y is a discount bond making annual payments. This bond pays a 6 percent coupon, has a

You can view more similar questions or ask a new question.