Dunder-Mifflin has $1,000 par bonds with a semi-annual coupon of 5.5% and 8 years to maturity...
A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 15 years to maturity. What is the price of the bond? A. $1,250.94 B. $781.99 C. $1,253.12 D. $984.33
A $1,000 par bond with a 5.5% semi-annual coupon and a yield to maturity of 8% trades at a price of $844. How many years until the bond matures?
Seven years ago Emery Industries issued $1,000 par bonds with a 3.5% semi-annual coupon and 15 years to maturity at a price of 5975. Today the bonds trade at a yield of 5.4%. What is the current price of the bonds? O A. $877.89 O B. $757.11 OC. $615.45 O D. $890.46
Harbuck’s Coffee semi-annual coupon, $1,000 par value bonds have 15 years to maturity. The bond’s annual coupon rate is 7% and they sell for $1,035 each. These bonds can be called in 3 years at a call price of $1,050. What is the bond’s yield to call? What is the bond’s yield to maturity? Which return would you expect to earn?
A $1,000 par bond with a 4% semi-annual coupon has 10 years to maturity trades at a yield of 6%. What would be it’s price? A. $851.23 B. $922.58 C. $1,148.77 D. $541.20
A $1,000 par bond with a 4% semi-annual coupon has 15 years to maturity trades at a yield of 6%. What would be it’s price? A. $987.44 B. $805.76 C. $1,195.99 D. $804.00
The Corp. has issued 18-year, 8% semi-annual coupon, noncallable bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 4.5%. What is the current price of the bonds? (Hint: the bonds have 17 years to maturity now).
Debt 5,000 bonds par $1,000 with a maturity 20 years; semi annual compounding. Coupon rate 8%. Price $1,310. Tax rate=33% Preferred 50,000 shares of 3% par value $100 stock. Current price $63.00. Common stock 72,000 shares currently selling for $87.00. The beta of the firm is 1.17, the risk free rate is 2.78%, Market return (Rm) =8.6%. What is the cost of Debt; Cost of Preferred Stock; Cost of Equity and what is the WACC?
5a FYI bonds have a par value of $1,000. The bonds pay an 8% annual coupon and will mature in 11 years. i) Calculate the price if the yield to maturity on the bonds is 7%, 8% and 9%, respectively. ii) What is the current yield on these bonds if the YTM on the bonds is 7%, 8% and 9%, respectively. Hint, you can only calculate current yield after you have determined the intrinsic value (price) of the bonds. iii)...
You find a $1,000 par bond with a 3.5 % semi-annual coupon and 13 years to maturity. If the current price of the bond is $865, what is its yield to maturity? A. 3.99% B. 2.46 % C. 4.92% D. 4.38% OOOO