What is the invoice price of the bond

Assignment Help Finance Basics
Reference no: EM13280169

A coupon bond paying semiannual interest is reported as having an ask price of 126% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 6%, what is the invoice price of the bond?

Reference no: EM13280169

Questions Cloud

Explain oxygen are required for the complete combustion : How many moles of oxygen are required for the complete combustion of 4.0 moles of decane to give CO2 and H2O
Determine the stopping potential as a function of wavelength : Determine the stopping potential as a function of wavelength at 433.9, 404.7, 365.0, 312.5, 253.5 nm.
Calculate the percentage or fraction of geologic time : Calculate the percentage or fraction of geologic time that is represented by recorded history. To make calculations easier, round the age of Earth to the nearest billion.
Calculate rdyn when the diode is biased at v : The dynamic resistance for rectifying junctions is given by Rdyn =(dI/dV)-1. For a junction diode having reverse saturation current I0=10-9A, Calculate Rdyn when the diode is biased at V=VF=0.7V, then V=VR=0.5V.
What is the invoice price of the bond : A coupon bond paying semiannual interest is reported as having an ask price of 126% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 6%, what is the invoice price of the bond?
How much is the security worth today : Suppose a security will pay $1,000 three years from now. If the appropriate interest rate is 4.00% compounded annually, how much is the security worth today?
Calculate built-in potential and width of depletion region : A Schottky diode is formed between a metal of work function eφm=4.7eV, and a semiconductor of electron affinity eφB=4.0eV. The semiconductor is n-type with Nd=1016 cm-3, Nc=1019 cm-3 and εR =12.
How fast does it move after the bullet emerges : A 23-g bullet traveling 270m/s penetrates a 1.8kg block of wood and emerges cleanly at 195m/s. how fast does it move after the bullet emerges
What is the maturity risk premium on 6year treasury security : Further, you expect that real interest rates will be 3.00 percent annually for the foreseeable future. What is the maturity risk premium on the 6-year Treasury security?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the maximum monthly charge cookie cutter

Illustrate what is the maximum monthly charge Cookie Cutter should pay for this lockbox system if the payment is due at the beginning of the month.

  What was the amount of the last annual dividend

A stock is selling for $12.10 a share given a market return of 15.00 percent and a capital gains yield of 5.40 percent. What was the amount of the last annual dividend that was paid?

  Money market hedge on receivables

Suppose that Stevens Point Corporation has net receivables of 100,000 Singapore dollars in ninety days. The spot rate of the S$ is $.50, and the Singapore interest rate is 2 percent over ninety days.

  What percentage increase in the ms will be necessary

Assume that the VM will turn over 4 times next year if the country wants a GDP of $22 billion at the end of next year, what will have to be the size of the money supply? What percentage increase in the MS will be necessary to achieve the target GDP?

  Create a financial analysis

Choose any publicly traded organization. Locate the financial section of the corporation's most recent yearly report. Perform a financial analysis on your selected organization to include liquidity, efficiency, and profitability ratios.

  Compute the current price of the bonds

Grossnickle Company issued a twenty year, non-callable, 6.3% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5 percent.

  Why didnot ups create overnight delivery

Why didn't UPS create overnight delivery? How did FedEx get away with successfully entering this market?

  Inflation and interest rate effects

The opening of Russia's market has resulted in the highly volatile Russian currency (the ruble). Russia's inflation has basically exceeded 20 percent per month. Russian interest rates commonly exceed 150 percent, but this is sometimes less than an..

  What is the companys total assets turnover

What is the company's total assets turnover? Round your answer to two decimal places.

  Compute the eac for both machines

For both milling machines, use straight-line depreciation to zero over the project's life and assume a salvage value of $30,000. If your tax rate is 34 percent and your discount rate is 8 percent, compute the EAC for both machines.

  Determination of expected rate of return

Williams and Westrich stock is currently selling for $15.25 each share, and the dividend is expected to continue at 92¢ per share. Management expects the stock to grow at 8 percent.

  How large should the capital budget be

evaluates projects that have above- or below-average risk. Data on the 7 projects are shown below. If these are the only projects under consideration, how large should the capital budget be?

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