What is the current price of the bond

Assignment Help Finance Basics
Reference no: EM131586193

7 years ago, max issued a 30 yr to maturity zero-coupon bonds with a par value of 1000. Now the bond has a yield to maturity of 9.59%, compounded semiannually. What is the current price of the bond?

Reference no: EM131586193

Questions Cloud

Earn a risk premium : If you decided to hold a 1-stock portfolio, and consequently were exposed to more risk than diversified investors, could you expect to be compensated.
Annual yield to maturity : What would the annual yield to maturity be on the bond if you purchased the bond today?
What is the yield to maturity : The bond is currently selling for 900 par value of the bond is 1,000/ what is the yield to maturity on the bonds if you purchased the bond today
What principles of internal control were violated in case : What principles of internal control were violated in this case?Show all work in the Excel® spreadsheet and submit with the reconciliation report.
What is the current price of the bond : Now the bond has a yield to maturity of 9.59%, compounded semiannually. What is the current price of the bond?
Create a simple gui that looks : A label that displays how many times the button was clicked - Create a simple GUI that looks
Present value of the introduction of the new chip : What is the proper cash flow to use to evaluate the present value of the introduction of the new chip?
Who have patronized the restaurant once in previous month : The average number of guests (per night) who have patronized the restaurant at least once in the previous month. This is determined from credit card records.
Optimal value of z : Use graphical method. What is the optimal value of z? Choose the closest value.

Reviews

Write a Review

Finance Basics Questions & Answers

  Capital investment financial analysis

In preparation for your Unit 9 Assignment, discuss three steps in the capital investment financial analysis: cash flow estimation, project risk assessment, and cost of capital estimation.

  Bill purchased the house for 70000 he put 25000 down and

bill purchased a house for 70000. he put 25000 down and agreed to pay the rest off over the next 15 years in 15 equal

  What would be the effect of removing either the matching

what would be the effect of removing either the matching principle or the revenue recognition principle from the

  Estimation of stock current price

A corporation currently pays dividend of $2 per share, Do=$2. It is estimated that the company's dividend will grow at rate of 20 percent per year for the next two years;

  Determine the expected return on the stock

A stock has a beta of 1.08 and a standard deviation of 9.6%. The risk-free rate is 4.2% and the market risk premium is 7.8%.

  What were the book value per share and eps

What were the latest annual dividends per share and dividend yield? What is the earnings pa share (EPS) projection for 2016? How many common shareholders were there? What were the book value per share and EPS in 2014?

  What are the key factors on which external financing depends

What are the key factors on which external financing depends as indicated in the AFN equation?

  Compute projected operating profit

Boeing is the largest commercial airplane company in the world. In 1996, it began development of the 757-300, a 240 passenger plane with a range up to 4,010 miles.

  Primary roles of the us federal reserve

Briefly explain the primary roles of the U.S. Federal Reserve, the Federal Reserve Chairman, and the Federal Reserve Board. Indicate each party's effectiveness in today's economic environment. Provide support for your explanation.

  Probability of having a third boy

Now consider the conjecture (based on empirical data) that, for a family that has already had two boys in a row, the probability of having a third boy is 0.8. Under these conditions, what is now the probability of a family having three boys in a r..

  Determine buy or sell recommendation for stock

A company reports book value of shareholders equity of $850 million with 25 million shares outstanding. Those shares trade at 45 dollar each in the stock market.

  If the last interest payment was made 3 months ago and the

a coupon bond pays semi-annual interest is reported as having an ask price of 97 of its 1000 par value in the wall

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