What is this bond time to maturity

Assignment Help Financial Management
Reference no: EM131933910

1. Time to Maturity A bond issued by a corporation on June 15, 2007 is scheduled to mature on June 15, 2027. If today is December 16, 2008, what is this bond's time to maturity?

18 years

18 years, 6 months

20 years

1 year, 6 months

2. Asset Management Ratios Corn Products, Corp. ended the year 2008 with an average collection period of 36 days. The firm's credit sales for 2008 were $10.3 million. What is the year-end 2008 balance in accounts receivable for Corn Products? (Consider a 365 days a year.)

$0.2861 million

$1.0159 million

$370.8 million

$3.4951 million

Reference no: EM131933910

Questions Cloud

Hunter corporation has the investment opportunities : Hunter Corporation has the following investment opportunities:
Developing between sales and working capital : What trends are developing between sales and working capital?
Find the net proceeds from sale of the bond and ND : Find the net proceeds from the sale of the bond, Nd. Calculate the bond's yield to maturity (YTM) to estimate the before-tax and after-tax costs of debt.
Two different types of investments : You can invest your money now in two different types of investments:
What is this bond time to maturity : Time to Maturity A bond issued by a corporation on June 15, 2007 is scheduled to mature on June 15, 2027. what is this bond's time to maturity?
Calculating finance charge rebate-find loan payoff amount : Francis decided to pay off the loan. After calculating the finance charge rebate, find the loan payoff amount.
Investment in one of two mutually exclusive projects : Your company is considering an investment in one of two mutually exclusive projects.
Major differences between sales and market orientations : Which of the modes of social control is NOT relevant to the student loan debt issue? here are no major differences between sales and market orientations.
What is holmes after-tax cost of debt : If its marginal tax rate is 40%, what is Holmes' after-tax cost of debt?

Reviews

Write a Review

 

Financial Management Questions & Answers

  Investing in real estate itself from investor perspective

Is investing in a real estate investment trust generally the same as investing in real estate itself from an investor perspective?

  Net working capital balance other than cash declined

In year 2, a company has net income of $1000, and depreciation expenses of $200. During the year, the company invested $400 in new capital assets, and its net working capital balance other than cash declined by $300. Based on these results and change..

  Computer the company current ratio

Computer the company's current ratio.

  Forecasting demand for supplemental health-life insurance

Identify sources of syndicated data that would be useful in forecasting the demand for supplemental health and life insurance.

  Returns minus the standard deviation of the stock returns

What was the mean of the stock’s returns minus the standard deviation of the stock’s returns?

  What is the firms effective cost of borrowing

ABC Company has an average collection period of 36 days and factors all of its receivables immediately at a 1.2 percent discount. Assume all accounts are collected in full. What is the firm's effective cost of borrowing?

  Ratios and relevance compared to industry standards

Choose a company from Fortune 500 article. Using the financial data of the selected company, provide the following ratios: Inventory Period, Accounts Receivable Period, and Average Payment Period. Discuss the meaning of these ratios and their relevan..

  The? firm cost of common equity capital

If Bestsold's tax rate is 34 percent, what is the firm's cost of common equity?

  Total of ten consecutive cash flows

Suppose you deposit $529 five years from today and each year thereafter deposit $529 for a total of ten consecutive cash flows (CF's); i.e. ten consecutive annual CF's beginning five years (t = 5) from today. Calculate the present value today (t = 0)..

  All other factors remain unchanged

Assume that each of the following changes is independent (i.e., except for this change, all other factors remain unchanged). In each case, indicate what will happen to the earnings multiplier and explain why.

  Rate of return-dividend growth and value of common stock

Discuss the relationship between the rate of return, dividend growth, and value of common stock.

  Working as investment banker with starting annual salary

Sarah started working as an investment banker with a starting annual salary of $84,000 on January 1, 2014. She receives her salary in equal monthly instalments at the end of each month. She expects to receive a 4% raise every year until she retires a..

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