The value of this bond if it paid interest? semiannually

Assignment Help Financial Management

Reference no: EM131973810

A bond that matures in 13 years has a ?$1,000 par value. The annual coupon interest rate is 9 percent and the? market's required yield to maturity on a? comparable-risk bond is 18 percent. What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually? ROUND TO NEAREST CENT FOR BOTH ANSWERS!

a. The value of this bond if it paid interest annually would be ?$ ___. ?(Round to the nearest? cent.)

b. The value of this bond if it paid interest semi-annually would be $___. (Round to the nearest cent)

Reference no: EM131973810

Questions Cloud

Use the AFN equation to forecast Broussard additional fund : Use the AFN equation to forecast Broussard's additional funds needed for the coming year.

How the plan will be communicated within organization : Identification of how beliefs, attitudes, and perceptions will impact this plan overall. How the plan will be communicated within organization?

Use the AFN equation to forecast the additional funds : Use the AFN equation to forecast the additional funds Carlsbad will need for the coming year

Factor that jeopardizes workplace safety : Identify and describe a factor that jeopardizes workplace safety.

The value of this bond if it paid interest? semiannually : What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually?

Discuss best practices from the guerrilla marketing campaign : Discuss possible best practices from the guerrilla marketing campaign that different types of small businesses could leverage.

What the exposure draft is introducing or changing : An outline of what the exposure draft is introducing or changing. An assessment as to whether the exposure draft is being introduced.

Business impacts of legal and technogical environment : Based on your own experience and /or research to provide perspective on examples issues positions debates pros and con of the following areas

Considering issuing bonds that will mature : Pybus, Inc. is considering issuing bonds that will mature in 23 years with an annual coupon rate of 11 percent.

User Account

All Pages