User Account

All Pages

What is the price today for a delicious mills bond

Assignment Help Finance Basics
Reference no: EM131381191

Finance: Bond Yield to Call. YTM and Price after original Issue

Question

25 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 7.46 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 9.38 percent. Given this information, what is the price today for a Delicious Mills bond?

Reference no: EM131381191

Questions Cloud

Explain the availability-representativeness : Explain the availability, representativeness, and affect heuristics. In your answer, compare the three and discuss the positive and negative aspects of each.
Calculate what is the current price of the bond : 20 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 7.21 percent, compounded semi-annually. What is the current price of the bond?
Rational decision making model : Consider the last decision that you have made (purchase of an automobile, purchase of a home, seeking a new job, etc.). Then, discuss that decision in terms of the rational decision making model. How could you have improved your decision?
Find the distance h that point d : End D of the strut is to be positioned on the y axis so that the angle ∠ACD between the slide and the strut is a right angle. Determine the distance h that point D should be positioned.
What is the price today for a delicious mills bond : Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 9.38 percent. Given this information, what is the price today for a Delicious Mills bond?
Relation to modern strategy paradigm : Write a paper on Spender J.C, in relation to modern strategy paradigm, in terms of environment, response, capability etc in the context of ESOs, how he views issues of turbulence, strategic decision making, strategic issues and options, and the ma..
Are conclusions valid only for the rotterdam market : Are conclusions valid only for the Rotterdam market? Are conclusions valid for all types of crude oil? What assumptions are necessary for the analysis?
Differences between term insurance and whole life insurance : Write a Discussion about differences between Term insurance and Whole life insurance. Every words have to be in your own. NO plagiarism. No citation. Deliver on time.
Commodity futures trading benefit various stakeholders : How does commodity futures' trading benefit various stakeholders, give the comparison and contrast for forward and futures contracts. Give details on options contract.

Reviews

Write a Review

Finance Basics Questions & Answers

  Largest accumulation of money

Look at each scenario and make an educated guess as to which investor will have the Largest accumulation of money invested at 10% over the next 40 years. Then for your Presentation, calculate the final value for each scenario.

  Find the present values of these ordinary annuities

Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.

  What is the highest possible payment on the arm

What is the highest possible payment on the ARM (Loan D) when the interest rate adjusts at the end of 5 years? Loan C - This option for the Homebuyers is to put down 10%.

  The company would hire three new employees these three

the production department has been investigating possible ways to trim total production costs. one possibility

  What is the firm horizon

Hart Enterprises recently paid a dividend, D0, of $4.00. It expects to have nonconstant growth of 14% for 2 years followed by a constant rate of 7% thereafter. The firm's required return is 14%.

  A company has a bond outstanding that sells for 870 the

a company has a bond outstanding that sells for 870. the bond has coupon payments of 53 paid annually and matures in 18

  Simple interest and compound interest

Illustrate out the difference between simple interest and compound interest? What are some examples of where might each be employed?

  Liquidity and asset management ratios oasis products

Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $9.9 million, current ratio = 1.90 times, inventory turnover ratio = 12.4 times, average collection period

  Paper talking about financial statement and ratios

One page paper talking about financial statement and ratios. In general,

  Define the capital asset pricing model

You have two stocks in your portfolio. $20,000 is invested in a stock with a beta of 0.6 and $40,000 is invested in a stock with a beta of 1.4. What is the beta of your portfolio?

  Find relevant sources to support a business decision

Conduct research and find a few articles to help you make your decision. Provide a list of the most relevant sources you found.

  Which of the following is the least costly security to issue

The costs associated with issuing securities to the public can be high. Some types of securities have lower expenses associated with them than others. Which of the follow¬ing is the least costly security to issue?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd