What is the clean price of the bond

Assignment Help Finance Basics
Reference no: EM13272064

You purchase a bond with an invoice price of $1,125. The bond has a coupon rate of 10.5 percent, semiannual coupons, and there are four months to the next coupon date.

What is the clean price of the bond?

 

Reference no: EM13272064

Questions Cloud

What type of image is this and what is its magnification : A magnifying glass has a focal length of 8cm. How close to an object do you need to place the magnifying glass, What type of image is this and what is its magnification
What is the smallest possible load resistor that can be used : Design a 7.5V zener regulator circuit using a 7.5V zener specified at 12mA. The zener has an incremental resistance of r and a knee current of 0.5mA. The regulator operates from a 10V supply and has a 1.2k-ohm load.
At what tax rate would an investor be indifferent : Corporate Bonds issued by ABC Corporation currently issued 14.1%. Municipal Bonds of equal risk currently yield 7.5%. At what tax rate would an investor be indifferent between these two bonds?
What is the companys net cash flow : ABC corporation has operating income of $44,569. The company's depreciation expense is $9,918. The company is all equity-financed and it faces a tax rate of 30%. What is the company's net cash flow?
What is the clean price of the bond : You purchase a bond with an invoice price of $1,125. The bond has a coupon rate of 10.5 percent, semiannual coupons, and there are four months to the next coupon date.
What is the angular magnification of the moon : Your telescope has an objective lens with a focal length of 0.80m . You point the telescope at the moon, What is the angular magnification of the moon
Explain a hypothetical element has two stable isotopes : a hypothetical element has two stable isotopes one has a mass of 106.9051 amu with an abundance of 48.183% the other isotope has a mass of 108.9048 amu with an abundance of 51.825% what is the average atomic mass of this element
What is the required return : The next dividend payment by Blue Cheese, Inc., will be $1.52 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $28 per share, what is the required return?
Stand your ground law : House panel overwhelmingly rejected an attempt Thursday to repeal Florida's controversial "stand your ground" law, with supporters saying it's a needed self-defense measure and critics condemning it as a Wild West throwback.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the net amount to be paid to the employee

An employee receives an hourly rate of $27, with time and a half for all hours worked in excess of 40 during a week.

  Conceptually most right capital budgeting method

What is your suggestion on this project according to conceptually most right capital budgeting method.

  What price would an investor be expected to pay

A stock is expected to pay $2.80 per share every yr indefinately and the equity cost of capital for the company is 11%. what price would an investor be expected to pay per share next year?

  Explain expected gain from the acquisitions

Explain expected gain from the acquisitions and what is the NPV of the acquisition to HC shareholders if it costs an average of $30 per share to acquire all of the outstanding shares

  What will be the effect of price increase on the firm fcf

Management anticipates an increased working capital need of $3,000 for the year. What will be the effect of the price increase on the firm's FCF for the year?

  Examine and evaluate the disparity

Examine and evaluate the disparity of your state's budget allocation for education and property tax to the various localities.

  Adopting a qualified retirement plan

The employer wants to adopt a qualified retirement plan that will maximize tax-deferred retirement savings for the accountants, as well as providing adequate benefits for all employees.

  Describe the term efficient market

Carefully describe what is meant by the term efficient market. Art there different levels of market efficiency discuss those levels?

  Interest rate and currency swap

Explain  one  risk World would assume by entering into the combined interest rate and currency swap and Currency Swaps, Interest rate swaps with alternative debt issues

  What is the current bond price

Ninja Co. issued 13-year bonds a year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.2 percent, what is the current bond price?

  Cost of equity capital using arithmetic average growth rate

If stock presently sells for= $50, what is your best estimate of company’s cost of equity capital by using arithmetic average growth rate in dividends?

  What is the yearly operating cash flow associated

The firm's marginal tax rate is 40%. What is the yearly operating cash flow associated with this project? (The OCF will be the same for each year of the project.) Round your answer to the nearest dollar.

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