Calculate the approximate yield to maturity

Assignment Help Finance Basics
Reference no: EM132491481

A Company ABC issued a bond with a par value of $1,200 with 12 years to maturity. The bond pays $65 per year in interest ( interest payments). The bond is selling for $820. Calculate the approximate yield to maturity.

Reference no: EM132491481

Questions Cloud

Describing the origin of given type of identity theft : "Frankenstein ID's" refer to synthetic identities - a new type of fraud carried out by criminals that have created fictitious identities which are pieces.
Compute the yield to maturity on the old issue : A. Compute the yield to maturity on the old issue. B. Make the appropriate tax adjustment to determine the after-tax cost of debt.
Identify a financial report related to proposed change : Identify a financial report related to your proposed change and explain how your use of this report will influence your decision-making
Describe the connection between knowledge or concepts : Reflect on the connection between knowledge or concepts from the course Cryptography how those have been, or could be, applied in the workplace as a software.
Calculate the approximate yield to maturity : The bond pays $65 per year in interest ( interest payments). The bond is selling for $820. Calculate the approximate yield to maturity.
Whom do think was to blame for the scandal : Whom do you think was to blame for this scandal? Was it the board of directors, auditors, lawyers, financial analysts, executives, or corporate America?
Write a program to declare the array : Write Java program to print your full name in three lines. Write a program to declare the array myList ={5, 10, 15, 20, 25} and print the summing of all element
Discuss and research the great depression : Research the Great Depression and 2008 Financial Crisis and write a paper, no longer than 10 pages. The focus of the research paper is to explain
Why is the internet such a high potential breeding : Question 1: Why is the Internet such a high potential breeding ground for inside information?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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