What is the current price of the bond

Assignment Help Finance Basics
Reference no: EM133633248

Question: 25 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 6.86 percent, compounded semi-annually. What is the current price of the bond?

Reference no: EM133633248

Questions Cloud

Explain to dario why he should establish a budget : Explain why this might be the case, and identify strategies he can use to overcome his difficulties and Explain to Dario why he should establish a budget
Improving outcomes for global mental health issues : Policies related to improving outcomes for global mental health issues and reflect on the experience of advocating to a chosen audience.
How does each perspective influence behavioral health : Distinguish between individualistic and collective cultural values. How does each perspective influence behavioral health?
Explain which action is the most appropriate : A patient underwent catheterization for a urinalysis earlier in shift. Later, a fever developed and an order was written. Which action is the most appropriate?
What is the current price of the bond : Now the bond has a yield to maturity of 6.86 percent, compounded semi-annually. What is the current price of the bond
Working in type of environment : How comfortable would you be in working in this type of environment?
Examples of nutrition-related misinformation : Find 5 believable examples of nutrition-related misinformation. List and number all 5 misinformation and cite their sources in the template provided.
Calculate the option price for a call : Calculate the option price for a call and a put if the strike price is $47.36. Give all answers in dollars and cents to the nearest cent.
How should the nurse proceed : The nurse has orders to administer a medication via an NG tube. The medication delivered is a slow-release tablet. How should the nurse proceed?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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