What is the approximate yield to maturity

Assignment Help Financial Management
Reference no: EM13766260

A 13-year bond pays 9 interests on a $1000 face value annually. If it currently sells for $1,300, what is its approximate yield to maturity? (Do not round intermediate calculations.)

What is the approximate yield to maturity for a 11-year bond that pays 12 interest on a $1000 face value annually if the bond sells for $970? (Do not round intermediate calculations.)

Reference no: EM13766260

Questions Cloud

How is technology used in protecting critical infrastructure : How is technology used in protecting critical infrastructure and How do you think technology can further improve interagency communications? Explain
What is the APR and EAR of your investment : You bought a stock six months ago for $80.82 per share. The stock paid no dividends. The current share price is $86.59. What is the APR and EAR of your investment?
Haracteristics of real intellectual and personal property : List two characteristics each of real, intellectual, and personal property. Do owners of real, intellectual, and personal property each have the same rights under the law? List how each type of property is treated under the law
Treasury bonds paying coupon rate with semi-annual payments : Treasury bonds paying an 10.25% coupon rate with semi-annual payments currently sell at par value. What coupon rate would they have to pay in order to sell at par if they paid their coupons annually?
What is the approximate yield to maturity : A 13-year bond pays 9 interests on a $1000 face value annually. If it currently sells for $1,300, what is its approximate yield to maturity? What is the approximate yield to maturity for a 11-year bond that pays 12 interest on a $1000 face value annu..
What is causing pain and suffering in the ectopic pregnancy : What is causing the pain and suffering in the ectopic pregnancy? Is one person's health and well being taking a higher priority over another person's health and well-being (mother, baby)?
How should investment returns be measured : How should investment returns be measured? Do financial services companies have an incentive to provide nominal rather than true rates of return in their advertising? Should they be required to provide nominal, real, and true rates of return?
What are the potential benefits for policymakers : What are the potential benefits for policymakers in determining IA structures and networks and outlining the ways these will be used
Cost of capital rising faster than its return on assets : In the 2010 10-K Frontier’s management wrote, If the interest we pay on deposits and other borrowings increases at a faster rate than the interest we receive on loans and other investments, our net interest income, and therefore earnings, could be ad..

Reviews

Write a Review

Financial Management Questions & Answers

  General matters outstanding bond issue has coupon rate

General Matter’s outstanding bond issue has a coupon rate of 10.8%, and it sells at a yield to maturity of 8.75%. The firm wishes to issue additional bonds to the public at face value. What coupon rate must the new bonds offer in order to sell at fac..

  What is the value of the firm

The Montana Hills Co. has expected earnings before interest and taxes of $8,100, an unlevered cost of capital of 11%, and debt with both a book and face value of $12,000. The debt has an annual 8% coupon. The tax rate is 34%. What is the value of the..

  What is the loans annual amount percentage rate

A couple planning to buy a home have found a $300,000 home available with the following mortgage loan options. (option a) the borrowers can obtain an 80 percent loan to value at a 3.5% interest rate with monthly payments amortized over 30 years and c..

  Determine the net present worth of manufacturing sparkle

Bottled water continues to be a hot market. The ClearWater bottling company has decided to introduce Sparkle, a new line of bottled water. ClearWater expects to manufacture 10,000 bottles of Sparkle every day, 365 days per year. Use an MARR of 12% pe..

  What does an asset having a negative beta value imply

What does an asset having a negative beta value imply?

  Net profit margin-what is the firms return on equity

ABC earned a net profit margin of 5.8% last year and had an equity multiplier of 3.8. If its total assets are $102 million and its sales are 183 million, what is the firm's return on equity?

  Foreign exchange market

Suppose that 1 Euro could be purchased in the foreign exchange market today for $.025. If the Euro appreciated 10% tomorrow against the dollar, how many Euros would a dollar buy tomorrow?

  What is the duration of this bond

A bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the duration of this bond?

  Find a reputable article on the web about how to make your

find a reputable article on the web about how to make your market portfolio an efficient portfolio or how to win at the

  What profit margin must the firm achieve

A firm has a debt-equity ratio of 0.45 and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at 1.25.If the firm would like to have a sustainable growth with a value of 6 percent per year, what profit margin must t..

  Calculate the minimum variance and optimal portfolio

Create a model that will automatically calculate the minimum variance and optimal portfolio as well as be able to draw the efficient frontier for a 3 risky asset portfolio.

  Perform multiple regression with real financial data

Perform multiple regression with real financial data - estimate the Fama - French 3-factor model for a list of twenty stocks and interpret the regression output.

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