What is the price of the bond

Assignment Help Finance Basics
Reference no: EM13682293

A 5,000 par value municipal bond with a coupon rate of 3.7 percent has a yield to maturity of 4.7 percent. If the bond has 10 years to maturity, what is the price of the bond? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Reference no: EM13682293

Questions Cloud

Find out which pka value to use for glycine : Find out which pKa value to use for glycine. To solve this problem, first set up a reaction table with a weak acid reacting with a strong base then utilized the Henderson-Hasselbalch equation to solve for the concentration of base (OH-).
Define the nuclear reaction by providing its atomic symbol : Rhenium (Re), with a mass number of 187 as well as an atomic number of 75, decays by beta emision. Recognize the product of the nuclear reaction by providing its atomic symbol, mass number and atomic number
A municipal bond has 8 years until maturity : A municipal bond has 8 years until maturity and sells for $3,771. If the coupon rate on the bond is 4.24 percent, what is the yield to maturity? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Explain what is the mrna sequence for the dna : Explain what is the mRNA sequence for the following DNA -CAACCTTAGGTAGA. On the basis of the mRNA sequence what is the peptide sequence
What is the price of the bond : What is the price of the bond?
The subsequent could be the concentration of final solution : You have two solutions of sodium chloride. One is a 2.00 M solution, the other is a 4.00 M solution. You have much more of the 4.00 M solution as well as you mix the solutions together. Which of the subsequent could be the concentration of the fin..
Find out the volume of helium at 745 mmhg : A sample helium gas takes up 1021 ml at 679 mmHg. For a sample at a consistent temp find out the volume of helium at 745 mmHG
Find out the number of grams of h3po4 needed to prepare : Given that the molar mass of H3PO4 is 97.994 grams, find out the number of grams of H3PO4 needed to prepare 1.20 L of a 0.8 M H3PO4 solution.
A strips with 10 years until maturity : A STRIPS with 10 years until maturity

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the market value

Compute the market value and What is the maximum amount that can be loaned on a property whose net operating income

  Do you think the economy would affect whether a company

1.do you think the economy would affect whether a company decides to go public or not? what other factors would a

  If 1000 is deposited today to earn 9 interest compounded

if 1000 is deposited today to earn 9 interest compounded annually how much will be on deposit at the end of three

  How much higher or lower is the effective annual rate

Midwest Bank also offers to lend you the $50,000, but it will charge an annual rate of 7.0%, with no interest due until the end of the year. How much higher or lower is the effective annual rate charged by Midwest versus the rate charged by Rivers..

  What is the npv of buying the new lathe

What is the NPV of buying the new lathe

  Calculation of payback period for capital investment

Calculation of payback period for capital investment and A company paid $50,000 cash for a capital investment

  What is the standard deviation of the stock return

what was the stock's return for the missing year? What is the standard deviation of the stock's return?

  Choose two 2 tech stock companies that attempted to make

create a ten to fifteen 10-15 slide powerpoint presentation be creative. be sure to use the speaker notes for the

  What is the geometric average rate of return

Over the past 5 years, Buster's had annual returns of 5.4 percent, -19.2 percent, 21.2 percent, 14.6 percent, and -2.1 percent. What is the geometric average rate of return?

  Evaluate and comment on bothnbspathe earnings quality

consider the following while accrual accounting information is imperfect ignoring it and making cash flows the basis of

  Genesisrsquo newly established operations management team

genesisrsquo newly established operations management team decided to seek outside assistance in developing a long-term

  Consider both european and american options

If so, show how it can be exploited to make a riskless profit. Consider both European and American options.

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