What is the current price of the bond

Assignment Help Finance Basics

Reference no: EM131947125

Question: Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 20 years and a yield to maturity of 7.84 percent, compounded annually. What Is the current price of the bond? Round the answer to two decimal places.

Reference no: EM131947125

Questions Cloud

Elements is needed to calculate present value index : Which of the following elements is needed to calculate the present value index?

What is the company nonoperating return : What is the company’s nonoperating return? Walt Disney’s 2016 net operating profit margin is:

What is the yield to maturity for the given bonds : Blue Crab, Inc. plans to issue new bonds, but is uncertain how the market would set the yield to maturity. The bonds would be 20-year to maturity.

Projected after-tax earnings after completion of project : Dusty Company is planning an equity issue to finance a new project. What are the projected after-tax earnings after completion of the project?

What is the current price of the bond : Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 20 years and a yield to maturity of 7.84 percent.

Use different capital structures than drug companies : Why do public utilities generally use different capital structures than drug companies?

Financial flexibility and operating capabilities and risk : The cash flow statement helps users to assess a hospital or clinics liquidity, financial flexibility, operating capabilities, and risk.

Calculate fields and struthers operating cash flow : You are considering an investment in Fields and Struthers, Calculate Fields and Struthers’ operating cash flow for 2015.

Legacy product that company was built on over thirty years : The company has three product lines. Product one is the legacy product that the company was built on over thirty years.

User Account

All Pages