What is the yield to maturity of bond

Assignment Help Finance Basics
Reference no: EM131086413

1. A Japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. The bond has a coupon rate of 6.1 percent paid annually and matures in 17 years. What is the yield to maturity of this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM131086413

Questions Cloud

Identify which theory you relate to most and explain why : Use Maslow's hierarchy of needs to discuss the extent to which growth needs influence personality formation. Outline the main components of person-centered theory that contribute to personality development.
Purpose of the team : In no more than one page, please describe your experience working in teams, and provide one example of your work on a team. For that example, please address: what was the purpose of the team; how did the team complete its task
Identify at least one potential research design : State the topic you selected and then write two potential research questions that could be explored on the topic you selected. Identify at least one potential research design to answer each of the research questions you wrote (you will identify a t..
Discuss critical success factors that selected company shows : Discuss critical success factors and whether or not you believe that the selected company shows evidence of success for these factors. Discuss the selected company in the context of the Theory of Constraints.
What is the yield to maturity of bond : 1. A Japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. The bond has a coupon rate of 6.1 percent paid annually and matures in 17 years. What is the yield to maturity of this bond?
What is project npv if the discount rates : What is project NPV if the discount rates are 5% and 18% (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in billions rounded to 3 decimal places.)
Which of the following is not method of qualitative analysis : Which of the following is NOT considered constitutive of a social problem (rather than an individual problem)?
Understanding of the uses of financial statement : The goal of this assignment is to expand your understanding of the uses of financial statement information. This project is based on the information provided in Ch. 4. We will examine the financial performance of McDonald's and one of its competit..
What is the best option for a construction company : The salvage value in 10 years from now is $ 30000. The minimum required rate of return by the company is 10 %. What is the best option?

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the cost of common equity

Eaton Electronic Companys treasurer uses both the capital asset pricing model and the dividend valuation model to compute the cost of common equity (Also referred to as the required rate of return for common equity)

  What are the total annual ordering costs

Amistad Inc manufacturers custom golf clubs and orders 250,000 graphite shafts per year from its manufacturer. The CEO at Amistad wishes to know the optimal EOQ. The carrying cost is $.45 per shaft per year. The order cost is $750 per order.

  How much is invested in stock x

Portfolio Expected return of 12.3%. THe portfolio has two stocks and one risk free security. THe Expected return on stock x is 9.7% and stock y is 17.7%. THe risk free rate is 3.8%. The portfolio value is 78,000, of which 18,000 is the risk free s..

  How has the sovereign debt crisis in europe

How has the sovereign debt crisis in Europe, and most importantly in Greece, affected Korres's business and financial results?

  Compute the beta of stock

The correlation between the returns on Ceramics Craftsman, Inc., and the returns on the S&P 500 is 0.675. The variance of the returns on Ceramics Craftsman, Inc., is 0.004225,

  Romantic attractions between two people

"Opposites attract" is a long-standing cliché used to describe seemingly unlikely romantic attractions between two people; however, it just does not seem to apply to the work environment likely because far more people are involved in professional ..

  What is the minimum exchange ratio brm could accept

The merger is expected to increase net income of the combined companies by $275,000 (in synergistic benefits). What is the maximum exchange ratio TNT can offer and what is the minimum exchange ratio BRM could accept?

  Find the missing data

For the following income statement and balance sheet, fill in the missing data for the calendar year ending December 31.

  Would the breakeven point increase or decrease

Would the breakeven point increase or decrease if the variable costs move from 40% to 45% of sales (all else constant)? Pick one.

  Should the firm initiate the lockbox system

Assume that the firm can earn 10 percent on marketable securities and that there are 260 working days and hence 260 transfers from each of the ten lockbox locations per year.

  What premium rate would you gain on this store

assume somebody offers you the accompanying money related contract. On the off chance that you store Rs.100,000 with him he guarantees to pay Rs.50,000 every year for a long time. What premium rate would you gain on this store

  What will be the market price of the security

The market price of a security is $45. Its expected rate of return is 14.2%. The risk-free rate is 4% and the market risk premium is 7.6%. What will be the market price of the security if its correlation coefficient with the market portfolio doubles ..

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