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

Previous Q& A

  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?

  Establishing a goal of having a net profit

You read their annual reports and both companies had established a goal of having a net profit equal to 15% of total assets:

  Why would the fourth amendment apply

The Fourth Amendment speaks of "people" being secure in their "persons, houses, papers, and effects." Why would the Fourth amendment apply to a business, which is not in a "house"?

  What is the ethical dilemma

What is the ethical dilemma and what is your value and ethical position related to the case? Include discussion of theory and principles on which your position is based.

  Benefit of limited liability

Which of the following enjoys the benefit of limited liability?

  What is the current bond price

Ninja Co. issued 15-year bonds a year ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current bond price?

  Find average price per share for which common stock issued

Thestockholders' equity section of Kay Corporation at the end of thecurrent year showed. Calculate the average price per share for which the common stock was issued.


Write a Review


Similar Q& A

  Generating of a cash budget

Generating of a Cash budget and the company likes to maintain a minimum cash balance of $50,000

  Determine the payback of the project

A company is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for 5-years. Determine the payback of the project?

  Compute the sharpe measure

Over the last 5-years, the Phoenix Fund has averaged a monthly return of .013, while money market instruments have yielded .006. During the same period

  What is the firm''s corporate cost of capital

It pays federal, state, and local taxes at a 35 percent marginal rate. a. What is the firm's corporate cost of capital?

  Find the payment of insurance policy

Christina Haley of San Marcos, Texas, age 61, recently suffered a severe stroke. She was in intensive care for twelve days and was hospitalized for 18 more days.

  Calculating multiple cash flows for a year

Calculating multiple cash flows for a year and determine the amount of each of the annual annuity payment

  What is the operating cash flow for this project

The applicable tax rate is 32 percent. What is the operating cash flow for this project?

  Write a policy brief that explains the choice

Write a policy brief that explains the choice regarding Medicaid expansion that your state faces following the passage of the ACA and the Supreme Court decision- idea that residents of states that are not expanding will be paying increased federal ..

  Assessing economic exposure

Alaska, Inc., plans to create and finance the subsidiary in Mexico which produces computer components at a low cost and export them to other countries. It has no other international business. The subsidiary will produce computers and export them t..

  Describe ways alleviate a potential shortage for retirement

Briefly discuss why retirement planning is "nothing more than cash flow planning."Briefly discuss the ramifications for an individual with insufficient funds at retirement time. Describe ways to alleviate a potential shortage for retirement.

  Accepting or rejecting the offer

Suppose you have 500 acres of timberland, with young timber worth $40,000 if logged now. This represents 1,000 cords of wood worth $40 per cord net of costs of cutting and hauling.

  Common share capital account and retained earnings account

Matrix Enterprises is planning offering both a stock dividend and a cash dividend in the upcoming year. The most recent balance sheet for Matrix is given below.

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