What is the yield to maturity of the bond

Assignment Help Financial Management
Reference no: EM13723020

A 5,000 par value municipal bond with a coupon rate of 4.73 percent sells for $4,682 and has ten years until maturity. What is the yield to maturity of the bond? (Round your answer to two decimal places. Omit the "%" sign in your response.)

Yield to maturity of the bond

Reference no: EM13723020

Questions Cloud

Tech industries regarding the proposed new production line : Tech Industries, a contract manufacturer of circuit boards, is evaluating an investment in a new production line to handle the growing demand from its customers, who produce consumer electronic products. Based on reasonable growth assumptions, the NP..
Currency futures definition : Currency Futures Definition. What are currency futures? How do they differ from currency forwards?
Construct the associated risk neutral probabilities : What is the mean for the log price relative and construct the Önal stock prices for a 10 period one year tree - construct the statistical probabilities for these stock prices
Product service overview - strengths and weaknesses : Select a small business in your local community. All of your Individual Projects in the class will be focused on this business, choose carefully. Product/Service Overview - strengths, weaknesses
What is the yield to maturity of the bond : A 5,000 par value municipal bond with a coupon rate of 4.73 percent sells for $4,682 and has ten years until maturity. What is the yield to maturity of the bond?
What is the smallest expected gain : A stock has an annual return of 11 percent and a standard deviation of 54 percent. What is the smallest expected gain over the next year with a probability of 1 percent?
Explain the basic biographical facts about mary livermore : Look into the basic biographical facts about each of the individuals listed below- Ely S. Parker, Mary Livermore, Kate Cumming, David Walker and Angelina Grimke.
Production possibility frontiers for brazil : What would be the production possibility frontiers for Brazil and the United States?
Fixed-rate mortgage : You have decided to buy a house. You can get a mortgage rate of 5 percent, and you want your payments to be $1,540 or less. How much can you borrow on a 15-year fixed-rate mortgage?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the companys net income

Recreational Supplies Co. has net sales of $12,660,000, an ROE of 23.00 percent, and a total asset turnover of 2.52 times. If the firm has a debt-to-equity ratio of 0.76, what is the company’s net income?

  Footnote for danerys year-end financial statements

Write the footnote for Danerys' year-end financial statements (assume 12/31/13 year-end) related to goodwill and other intangible assets - Determine the appropriate acquisition-date journal entry for the acquisition.

  International finance problemnbspfibudoor

international finance problemnbspfibudoor corporationnbspnbspnbspnbspnbspnbspnbspnbsp when raymond morgan entered his

  Out-of-pocket expenses incurred by the investment banker

Kern Corporation entered into an agreement with its investment banker to sell 10 million shares of the company's stock with Kern netting $225 million from the offering. The expected price to the public was $25 per share. The out-of-pocket expenses in..

  Explain after-tax rate of return on assets before retirement

Tara, age 44, plans to retire at age 67. Her life expectancy, accounting for family medical history, is age 97. Tara is single and currently earns $56,000 per year as a university librarian.

  Biggardens ltd biggardens is a private company that owns

biggardens ltd biggardens is a private company that owns and operates a chain of garden centres in the bristol area.

  In this assignment you will conduct an evaluation of a

in this assignment you will conduct an evaluation of a company based on its annual report. this assignment will provide

  What are the proceeds of the issue for each company

Company XYZ enters into firm commitment underwriting agreement with Company ABC to issue 4200 of bonds with a 1,000 face value. Company ABC agrees to buy the bonds for $620 each and sells 84% of the issue in the market for $831 per bond. What are the..

  Discuss and analyse all the issues in order

Discuss and analyse all the issues in order, and any other implications arising from this scenario for presentation to Mark Golledge .

  Perform vertical analysis on the income statements

Perform vertical analysis on the income statements and balance sheet information for fiscal periods 2011 and 2010.

  What would be the maintenance margin if a margin call

Assume you sold short 100 shares of common stock at $50 per share. The initial margin is 60%. What would be the maintenance margin if a margin call is made at a stock price of $60?

  What is the equity multiplier

The Corner Store has sales of $72,510, total assets of $60,400, a debt-equity ratio of 1.2, and a profit margin of 3 percent. What is the equity multiplier?

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