What is the yield to maturity of this bond

Assignment Help Finance Basics
Reference no: EM13258204

A Japanese company has a bond outstanding that sells for 96 percent of its ¥100,000 par value. The bond has a coupon rate of 6.30 percent paid annually and matures in 19 years.

What is the yield to maturity of this bond?

Reference no: EM13258204

Questions Cloud

Break-even analysis : Break-even analysis is the process of determining ____________________ before we begin earning aprofit.
Shares of the subsidiary company : If the holding company owns more then 50% but less then 100% shares of the subsidiary company then the subsidiary type will be termed as:
What is the ytm : Stone Sour Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.90 percent. The bonds make semiannual payments. If these bonds currently sell for 109 percent of par value, what is the YTM?
Business which formed by approval of state bank of pakistan : Which of the following business is formed by the approval of State Bank of Pakistan?
What is the yield to maturity of this bond : A Japanese company has a bond outstanding that sells for 96 percent of its ¥100,000 par value. The bond has a coupon rate of 6.30 percent paid annually and matures in 19 years.
Define the molar solubility of magnesium carbonate : The molar solubility of magnesium carbonate is 1.8 ? 10-4 mol/L. What is Ksp for this compound
Determine the absolute pressure and density at vail pass : The maximum power output capability of an engine decreases with altitude because the air density and hence the mass flow rate of air decreases.
Determine the angle of incidence : The angle of refraction of a ray of light traveling through a piece of fused glass quartz is 29°. Find the angle of incidence
Burden of unlimited liability : Which of the following business has the burden of unlimited liability?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determining z-score of sample means

Population has mean of µ = 45 and standard deviation of σ = 20. Determine the z-score corresponding to each of the given sample means obtained from this population.

  Describe the meaning of efficient markets

Describe the meaning of efficient markets and explain why might we expect markets to be efficient most of the time? In recent years, several securities firms have been guilty of using inside information when purchasing securities,

  International differences in accounting

Explain at least 2 causes or reasons for international differences in accounting. Compare the accounting systems in 2 countries with differing legal systems. Explain why each country's system is the way it is.

  Affect of inflation on exchange rate

How does inflation affect the country's exchange rate? How is the equilibrium exchange rate determined and what factors affect it?

  What is the effective cost of factoring

The average credit sales for Jiffy Co. is $375,000. Accounts receivables average balance is $68,000. Jiffy factors its receivables by discounting them 3%. What is the effective cost of factoring?

  Calculate the value per share

Snail company wants to purchase Bug corporation. The financial manager of Snail company forecasted the following free cash flows for Bug corporation for year 1-6.

  Constructing and managing a portfolio simulation

I need help on how to approach this assignment. i have to write a memo after completing the simulation. Complete the Constructing and Managing a Portfolio simulation

  Capital budgeting decisions and utility rate decisions

If the expected returns for risk free asset and a risky asset are 4 percent and 17 percent respectively, what percentages of your money must be invested in risky asset and risk free asset, respectivel.

  Compute expected price of the stock in a year

A Corporation will pay a $2 per share dividend in one year. The dividend in 2 years will be $4 per share, and it is expected that dividends will grow at 5% each year thereafter.

  Semi-annual interest payments

The semi-annual interest payments that corporate bonds in the U.S. typically pay are conventionally referred to as

  What is the price/earnings p e ratio

1) ABC Company has total assets of $795,800. There are 40,505 shares outstanding with a market value of $24 per share. If the net profit margin is 7.8% and the total asset turnover is 2.2, what is the price/earnings (P/E) ratio?

  Calculate the translation exposure loss

Egyptian Ingot is the Egyptian subsidiary of TransMediterranean Aluminum, a British multinational that fashions automobile engine blocks from aluminum.

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