PRICE OF BOND
25 Years= 1162
19 years= 1152.20
5 years = 1069.70
Applied Software has a $1,000 par value bond outstanding that pays 13 percent interest with annual...
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 18 percent annual interest. The current yield to maturity on such bonds in the market is 12 percent. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the price of the bonds for these maturity dates: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)...
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 9 percent annual interest. The current yield to maturity on such bonds in the market is 13 percent. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the price of the bonds for these maturity dates: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)...
Essex Biochemical Co. has a $1,000 par value bond outstanding that pays 12 percent annual interest. The current yield to maturity on such bonds in the market is 10 percent. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the price of the bonds for the maturity dates: (Do not round intermediate calculations. Round your final answer to 2 decimal places. Assume interest payments are annual.)...
Natural Gas has a $1,000 par value bond outstanding that pays 9 percent annual interest The current yjeld to maturity on such bonds in the market is 12 percent Use AcendixB and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods Compute the price of the bonds for these maturity dates: (Do not round intermediate calculations Round your final answers to 2 decimal places. Assume interest payments are annual.) ond Price...
Midland Oil has $1,000 par value (maturity value) bonds outstanding at 11 percent interest. The bonds will mature in 15 years with annual payments. Use Appendix B and Appendix D. Compute the current price of the bonds if the present yield to maturity is: (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Price of the bond a. 10 percent $ b. 13 percent $ c. 16 percent $ ...
Time value 2.27 points Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 13 percent annual interest. The current yield to maturity on such bonds in the market is 14 percent. Use a Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods Compute the price of the bonds for these maturity dates: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payme...
Exodus Limousine Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 30 years with annual payments Compute the current price of the bonds if the current yield to maturity is: (Use a Financial calculator to arrive at the answers. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Price of the Oren
BP has a $1,000 par value bond outstanding that pays 12 percent annual interest. The current yield to maturity on such bonds in the market is 10 percent. Compute the price of the bonds for the following maturity dates. Show all your work IN EXCEL for full credit. a. 30 years b. 10 years c. 5 years
The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 30 years. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods Compute the current price of the bonds if the present yield to maturity is. (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual) 7 percent b. 8 percent...
Midland Oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Use Appendix B and Appendix Dfor an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the current price of the bonds if the present yield to maturity is: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)