Return on the investment is desired

Assignment Help Business Economics

Reference no: EM13898839

M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 11.45% with bond interest payable semi annually. Six years ago, $829 was paid for the bond. At least a 12% return (yield) on the investment is desired. The minimum selling price must be:

Reference no: EM13898839

Questions Cloud

Describe the objectives and main elements of a cirt plan : Describe the objectives and main elements of a CIRT plan and analyze the manner in which a CIRT plan fits into the overall risk management approach of an organization and how it supports other risk management plans.

Victim and suspect typologies scenario : Based on the first suspect’s interview regarding the battery incident and understanding the trends in crime from your lesson, determine how the suspect fits the trends that have been observed. Identify any ways that the suspect does not fit those tre..

What is the unpaid principal : A $25,000 bank loan is to be repaid in equal yearly payment over 15 years at an effective annual interest rate of 7%. You did the calculation and found that your annual payment is $2745. What is the unpaid principal after you made your 8th payment?

Determine the maximum shear strain gmax : A solid circular bar of diameter d 1.5 in. is subjected to an axial force P and a torque T (see figure). Strain gages A and B mounted on the surface of the bar give readings εa = 100*10-6 and εb = 55*10-6. The bar is made of steel having E= ..

Return on the investment is desired : M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 11.45% with bond interest payable semi annually. Six years ago, $829 was paid for the bond. At least a 12% return (yield) on the investment is desired..

Capital punishment and cruel and unusual punishment : Prepare a six page paper (not including the APA title and references pages) in which you detail the history of the Supreme Court from 1953 to the present day as it relates to one of the specific issues listed below. Right to counsel (U.S. Const. a..

Recode all functions utilizing the stack frame method : Recode all functions utilizing the Stack Frame method - Test each function from main, print appropriate array after each test.

User Account

All Pages