Bond value does the repayment of principal represent

Assignment Help Financial Management

Reference no: EM131844781

Barry’s Steroids Company has $1,000 par value bonds outstanding at 14 percent interest. The bonds will mature in 40 years. If the percent yield to maturity is 11 percent, what percent of the total bond value does the repayment of principal represent? Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Reference no: EM131844781

Questions Cloud

Relationship on knapp model of relationship : Think about a relationship that is important to you. Where would you place the relationship on Knapp's model of relationship development?

What is the required return for the market : Required Return If the risk-free rate is 9.5 percent and the market risk premium is 5.0 percent, what is the required return for the market?

Decision to engage in convergence : What factors are important to consider when making a decision to engage in convergence?

Write a refelection paper-feminisms and the waves- critiques : Write a short paragraph may accompany the work to demonstrate the connections to the course material and personal life and/or popular culture.

Bond value does the repayment of principal represent : what percent of the total bond value does the repayment of principal represent?

Mountainside industries case : You are a professional business consultant. Write the report called for in the Mountainside Industries case presented on the next page

Order to reach your retirement savings goal : what constant payment at the end of each month must you deposit into the account through your 70th birthday in order to reach your retirement savings goal

Perceptiin of information : Describe 3 wats our perception of self and others affects our perceptiin of information. Next, share an experience in which your perceptiin

Summary of the someone and something : Explain the scenario.Give a summary of the someone and something, including context

User Account

All Pages