Coupon payment-what is the yield-to-maturity of this bond

Assignment Help Financial Management

Reference no: EM131932013

United Air has a 5.75% coupon 15 year bond (par value = 1,000). Assume that coupon payments are semi-annual and that the current price is $973.55. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis and as a raw number - i.e. if your answer is 6.5%, input as 6.5.

Reference no: EM131932013

Questions Cloud

What is the irr of the project : Production of the implants will require $1,640,000 in net working capital to start and additional net working capital investments each year equal to 10 percent.

Benefits over self-managed teams without shared leadership : Do you think self-managed teams with shared leadership will have social, motivation, and cognitive benefits over self-managed teams without shared leadership?

What is the cost of debt-cost of equity : What is the cost of debt, cost of equity and cost of capital for the firm?

Crucial aspect in the success rate : Marques (2010) said "Organizational communication has demonstrated to be a crucial aspect in the success rate of any type of organization

Coupon payment-what is the yield-to-maturity of this bond : Assume that coupon payments are semi-annual and that the current price is $973.55. What is the yield-to-maturity of this bond?

Explain how the birthday rule : Explain how the "birthday rule" is applied when there is more than one insurance plan covering a dependent child

What is the bond nominal annual yield to maturity : ce Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8% with semiannual payments of $40, and a par value of $1,000.

Behalf of ambulatory surgery centers : What is the professional society which lobbies on behalf of ambulatory surgery centers?

Explain three to four most important leadership concepts : What measures would you take as a leader to effectively inspire and empower your employees to go above and beyond.

User Account

All Pages