What is the current bond price

Assignment Help Business Management
Reference no: EM131068122

Megaminds Co. issued 11-year bonds a year ago at a coupon rate of 8.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7.2 percent, what is the current bond price?

Reference no: EM131068122

Questions Cloud

Total depreciation deduction : Terra elects to depreciate the maximum under Sec. 179. Terra's taxable income for the year before the Sec. 179 deduction is $700,000. What Terra's total depreciation deduction related to this property?
Determine jia total annual payment : One third of her deposit is made to a sinking fund earning 10% annual interest. The remaining two thirds of her deposit is made to a sinking fund earning 8% interest. Determine Jia's total annual payment
What is morris tie ratio : If the company does not maintain a TIE ratio of at least 5 to 1, its bank will refuse to renew the loan and bankruptcy will result. What is Morris's TIE ratio? Round intermediate calculations to two decimal places. Round your answer to two decimal..
How profitable is a round trip trade : Is there an arbitrage opportunity in Singapore dollars? If so, what exchanges should you make to take advantage of it? (Be specific about which dealer you would select, which currency you would buy from or sell to that dealer, and how much of the..
What is the current bond price : Megaminds Co. issued 11-year bonds a year ago at a coupon rate of 8.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7.2 percent, what is the current bond price?
A great understanding of its target market : What company do you believe has a great understanding of its target market? List two things they do well, and two things they could do better.
Plot the means and describe how the means vary with tool : Multiply each measurement by 0.04 to convert from millimeters to inches. Plot the means and run a two-way ANOVA using the transformed measurements. Summarize what parts of the analysis have changed and what parts have remained the same.
Contemporary issue in the industry - gender issues : The purpose of the essay is to enable students to select a contemporary issue in the industry and explore it in-depth while discussing both personal opinion and its relevance to the current work culture.
Read on psychology of prejudice : Read On Psychology of Prejudice, and explain your opinion. Who might be more prejudiced, one with intrinsic faith or one with extrinsic faith?

Reviews

Write a Review

Business Management Questions & Answers

  Explain how can you be confident your relationship diagram

Given a set of complex relationships, Explain how can you be confident your relationship diagram (project network) is correct? Explain how do you set it up to minimize failure also maximize success?

  Enriching through fruitful opposition

How might you alter the process to better suit your circumstances? Is there another component you would suggest to make this a more viable problem-solving model?

  A third party recipient contract

Tristan assurances to paint Katy's house in exchange for Lila's promise to plant trees on Tristan's property

  Discuss the main forces to increase the globalization

Main forces to increase the globalization and explain the challenges / opportunities

  Step-wise answer to organizational leadership

Describe how the new size and structure could affect the organization, individuals, groups, teams, and the organization's future.

  How are moral integrity and ethical behavior the same?

How are moral integrity and ethical behavior the same? How do they differ?

  How many times did the product work before it stopped

State exactly what is wrong with the product or service. Be factual. Precise information will enable the reader to understand and act on your complaint. How many times did the product work before it stopped? What parts were malfunctioning

  Leadership style of people

Leadership Style - Do you think the Leadership Style of people like Immelt and Obama Is a result of nature, nurture, or both?

  The ethical climate of business

The ethical climate of business.

  Virtual meetingsas the leader of a virtual team how would

virtual meetingsas the leader of a virtual team how would you conduct a team orientation meeting if not face-to-face?

  Types of diversity programs available to organisation

What contribution does a diverse workforce make to the effectiveness of the workplace? What are the different types of diversity programs available to organisations?

  Posting calculates the recommended order quantity

Assume that demand follows a normal probability distribution with u = 20 and Standard Deviation = 6. What is the recommended order quantity?

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