Value bond outstanding with coupon rate

Assignment Help Financial Management
Reference no: EM13894695

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.9 percent paid semiannually and 23 years to maturity. The yield to maturity on this bond is 4.3 percent. What is the price of the bond?

Reference no: EM13894695

Questions Cloud

Loan amortization-what will be the monthly loan payment : You want to buy a car, and a local bank will lend you $15,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 6% with interest paid monthly. What will be the monthly loan payment?
What is the amount of the cash flow to creditors : At the beginning of the year, long-term debt of a firm is $308 and total debt is $339. At the end of the year, long-term debt is $269 and total debt is $349. The interest paid is $35. What is the amount of the cash flow to creditors?
What can you do to repair the damage : Define the term irreparable. If, in a moment of frustration and anger, you tell someone that he or she is stupid, what can you do to repair the damage?
Identify as many economies of scale as you can : 1.Taking the same industries, identify as many economies of scale as you can.
Value bond outstanding with coupon rate : Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.9 percent paid semiannually and 23 years to maturity. The yield to maturity on this bond is 4.3 percent. What is the price of the bond?
What elements of the national business environment might : What elements of the national business environment might affect your move?
Bonds two years ago at coupon rate : Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If these bonds currently sell for 107 percent pf par value, what is the YTM?
Homeowners debt payments to take home pay ratio : Experts advise that your debt payments to take home pay ratio should not exceed 20%. A homeowner has the following monthly income and expenses: What is the homeowner's "debt payments to take home pay" ratio?
Implementation and application of data structures : Implementation and Application of Data Structures

Reviews

Write a Review

Financial Management Questions & Answers

  Liquidate some equipment that is being replaced

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $14 million, of which 80% has been depreciated. The used equipment can be sold today for $3.5 million, and its tax rate is 30%. What is the equipment'..

  What is the amount of the firms current assets

Killer Whale, Inc. has the following balance sheet statement items: current liabilities of $619,975; net fixed and other assets of $1,532,290; total assets of $3,477,630; and long term debt of $633,373. What is the amount of the firm's current assets..

  Firms cost of preferred stock financing

The preferred stock of Gator Industries sells for $35.55 and pays $2.74 per year in dividends. What is the cost of preferred stock financing? If Gator were to issue 529,000 more preferred shares just like the ones it currently has outstanding, it cou..

  Decision will be based on return on investment of college

John is trying to decide if he should attend college or not. Part of his decision will be based on the return on investment of college. He estimates that the per year cost to attend Texas Tech including room and board is $24,044. He also assumes tuit..

  What is the profitability index of the project

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelly Couts, who inherited the company. The company originally repaired radios and other household appliances when it was founde..

  What is the bonds price and what is the bonds duration

A 5-year bond with YTM of 12% and par value of $1000 pays an 8% annual coupon. What is the bond’s price? What is the bond’s duration?

  What will be your monthly payment

You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interest rate is 10% and you intend to pay for the car over five years. What will be your monthly payment?

  Calculate the net income for stumble-on-inn last year

DuPont Analysis Last year, Stumble-on-Inn Inc. reported an ROE of 18 percent. The firm’s debt ratio was 55 percent, sales were $15 million, and the capital intensity was 1.25 times. Calculate the net income for Stumble-on-Inn last year.

  Repudiation released her from her duty to perform

Moore contracted in writ- ing to sell her 2012 Hyundai Santa Fe to Hammer for $16,500. Moore agreed to deliver the car on Wednesday, and Hammer promised to pay the $16,500 on the following Friday. Moore contended that Hammer’s repudiation released he..

  Compute the aftertax cost of interest payment

Collin Products received notice of a $21,000 income tax deficiency plus $4,300 inter-est. The deficiency related to an incorrect method of accounting for business inventory. Compute the after-tax cost of the $4,300 interest payment assuming that: a. ..

  About the huge cash reserves the companies accumulate

Shareholders of some companies occasionally complain about the huge cash reserves the companies accumulate. And, sometimes (Wal-Mart in 2007, Apple in 2013) firms indeed satisfy investor concerns and announce plans to distribute substantial portions ..

  CAPM approach to calculate the cost of equity

If the cost of new common equity is higher than the cost of internal equity, why would a firm choose to issue new common stock? Calculate all MCC break points for the following information: What determines whether to use the dividend growth model app..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd