What is the current market price of the bonds

Assignment Help Business Management
Reference no: EM131105368

Fresh Water, Inc. sold an issue of 3-year $1,000 par value bonds to the public. The bonds have a 8.60 percent coupon rate and pay interest annually. The current market rate of interest on the Fresh Water, Inc. bonds is 11.69 percent. What is the current market price of the bonds?

Reference no: EM131105368

Questions Cloud

Calculate the bond price today : General Mills has a $1,000 par value, 11-year to maturity bond outstanding with an annual coupon rate of 8.17 percent per year, paid semiannually. Market interest rates on similar bonds are 12.31 percent. Calculate the bond's price today.
Comprehensive financial analysis : Enable you to do a comprehensive financial analysis of a publicly traded corporation - overview of the corporation
Property and liability insurance risk management : Property and Liability Insurance Risk Management Problem Using the steps in the risk management process and all of the considerations regarding the handling of risks, prepare a risk management proposal for the hypothetical business outlined below.
Where should the following items : Where should the following items be shown on the balance sheet, if shown at all?
What is the current market price of the bonds : The bonds have a 8.60 percent coupon rate and pay interest annually. The current market rate of interest on the Fresh Water, Inc. bonds is 11.69 percent. What is the current market price of the bonds?
What total restructuring charge kimberly-clark recognized : Refer to Kimberly-Clark's Note 3: 2014 Organization Restructuring. What was the total restructuring charge Kimberly-Clark recognized in 2014? Where is it recognized on the Income Statement?
Does lisa have a defense : Fifteen years later, Danny has a survey done, and he discovers that the gazebo is on his land. Danny brings a suit to evict Lisa from the land. Does Lisa have a defense? Assume that the state in question has an adverse possession period of ten ye..
Example of a primary or a secondary market transaction : Is an initial public offering an example of a primary or a secondary market transaction? Explain.
Customers arrive at a fast-food restaurant : Customers arrive at a fast-food restaurant with one server according to a Poisson process at a mean rate of 30 per hour. The server has just resigned, and the two candidates for the replacement are X (fast but expensive) and Y (slow but inexpensiv..

Reviews

Write a Review

Business Management Questions & Answers

  Should prevail in her claim for part of kuralts estate

How does this case illustrate the importance of having a clear estate plan when there are joint interests in a family business and property?

  Yield to maturity on bond

Suppose the following bond quote for the Beta Company appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2009. What is the yield to maturity on this bond if it is compou..

  Answer to business research methods

Why would a noted business researcher say, "It is essential that we always keep in mind the model of the controlled experiment, even if in practice we have to deviate from an ideal model"?

  What is the difference between a regular bond and a bond

What is the difference between a regular bond and a bond at par?

  What is the inflation premium

Crockett Corporation's 5-year bonds yield 6.85% as well as 5-year T-bonds yield 4.75%. The real risk-free rate is r* = 2.80%, the default risk premium for Crockett's bonds is DRP = 0.85% versus zero for T-bonds the liquidity premium

  Business operations management layout design for custom

business operations management layout design for custom bicycle assemblerlayout design paper1 identify the type of

  Use to try to influence others explain

Think of a co-worker, fellow student, or friend who seems to have a high need for power as described by McClelland. What methods or tactics does this person use to try to influence others? Explain.

  Elucidate who would benefit most from this action

If all foreign search engine companies declined to invest directly in China due to concerns over censorship, what do you think the results would be? Elucidate who would benefit most from this action? Who would lose the most?

  Which organizational structure would you recommend

Open a licensed Residential Health Care Facility for the Elderly and which organizational structure would you recommend for the facility and why

  Explain emotional intelligence to control mood

Describe how you might use emotional intelligence to control mood and create a positive work environment in your branch.

  Global business environmenthow is starbucks doing today in

global business environmenthow is starbucks doing today in terms of their global expansion do you think it is time for

  Current national unemployment rate for teenagers

a. What is the current national unemployment rate for the United States? b. What is the current national unemployment rate for teenagers? c. What is the current unemployment rate for adult women?

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