What is the worth of the bond

Reference no: EM13261563

Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $993.46 today and your required rate of return was 7.47 percent.

What is the worth of the bond?

Reference no: EM13261563

Questions Cloud

What is the expected return on them : what is the expected return on them? Assume that interest compounds semiannually on similar coupon paying bonds.

Determine the cut off frequencies of the required filter : A square-law modulator for generating an AM wave relies on the useof a nonlinear device. The given figure depicts the simplest form of such amodulator. Ignoring the higher order terms, the input-output characteristics of thediode-load resistor

Calculate the angular acceleration of hollow sphere : a Hollow sphere of mass M=1000kg and radius R=25cm is rolling down of an incline plans making an angle with horizontal. calculate the angular acceleration of hollow sphere

Explain the nernst equation to deter mine the cell potential : Use the Nernst equation to deter mine the cell potential, Ecell of the voltaic cell consisting of the following redox couples.

What is the worth of the bond : Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $993.46 today and your required rate of return was 7.47 percent.

Discuss authors initial observations of students in brazil : Compare the ideas and experiences discussed in a reading to your own experiences and attitudes.

What is the discounted payback period : What is the discounted payback period for these cash flows if the initial cost is $5,900?

Calculate the mass of the aluminum cup : An aluminum cup contains 225 g of water and a 40-g copper stirrer, all at 27°C. A 440-g sample of silver at an initial temperature of 85°C is placed in the water. Calculate the mass of the aluminum cup

Define many gaseous reactions occur in a car engine : Many gaseous reactions occur in a car engine and exhaust system. One of the reactions is NO2(g)+CO(g)-->NO(g)+CO2(g). Given the following information determine the overall rate order. Rate=K[NO2]^m [CO]^n

User Account

All Pages