pls type not write, and calculations need to be shown w/ steps to TI BAII PLUS CALCULATOR
YTM is the rate at which PV of cash Inflows are equal to Price of Bond
Year | CF | PVf @8% | Disc CF |
1 | $ 60.00 | 0.925926 | $ 55.56 |
2 | $ 60.00 | 0.857339 | $ 51.44 |
3 | $ 60.00 | 0.793832 | $ 47.63 |
4 | $ 60.00 | 0.73503 | $ 44.10 |
5 | $ 60.00 | 0.680583 | $ 40.83 |
6 | $ 60.00 | 0.63017 | $ 37.81 |
7 | $ 60.00 | 0.58349 | $ 35.01 |
8 | $ 60.00 | 0.540269 | $ 32.42 |
9 | $ 60.00 | 0.500249 | $ 30.01 |
10 | $ 60.00 | 0.463193 | $ 27.79 |
11 | $ 60.00 | 0.428883 | $ 25.73 |
12 | $ 60.00 | 0.397114 | $ 23.83 |
12 | $ 1,000.00 | 0.397114 | $ 397.11 |
PV of Cash Inflows | $ 849.28 |
Thus YTM is 8%
pls type not write, and calculations need to be shown w/ steps to TI BAII PLUS...
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pls type not write, and calculations need to be shown w/ steps
to TI BAII PLUS CALCULATOR
The Tropical Breezes Company expects their dividends and earnings to grow at a constant rate of 4% a year into the foreseeable future. Currently the market is requiring a 10% rate of return on their stock. The most recent dividend paid was $2.75/share. SHOW ALL WORK FOR FULL CREDIT. a) What is the current price of the stock? b)...
How can you compute this on the BAii Plus
calculator?
Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If these bonds currently sell for 109 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity %
The WeKnowThisStuff Company issued a $1,000 par value, 6% coupon, 8 year bond. The interest is paid semiannually and the market is currently requiring 5.5% on this risk level bond. What is the current value of the bond? SHOW ALL WORK FOR FULL CREDIT USING THE TI BAII PLUS CALCULATOR.
a) Suppose a five-year, $1,000 bond with semiannual coupons has a price of $957.35 and yield to maturity of 6%. What is the bond’s coupon rate? b) Hacker Software has 6.2 percent coupon bonds on the market with nine years to maturity. The bonds make semiannual payments and currently sell for 105 percent of par. What is the yield to maturity on this bond? (Write down the expression for YTM and then use a financial calculator or a spreadsheet program...
The WeLikeToStudyBonds Company issued a $1,000 par value, 14-year bond that has a 3.5% annual coupon. If the market is requiring an 7% rate of return on bonds of this level of risk: SHOW ALL WORK USING THE TI BAII Plus Calculator. a) what is the current value of the bond? b) Is the bond selling at a discount or at a premium?
Please show the steps to finding the answer using a
*Financial Calculator*! Thank you.
Zhang Technologies is looking to issue $1,000 par value, 7% annual coupon rate, 12 year maturity public bonds for the first time. These bonds have been estimated to have the same riskiness as the currently outstanding bonds of i2 Technologies. The i2 bond information is as follows: Par value $1,000; Maturity 12 years; Current price $818.81; Coupon rate -6.5% paid semi-annually. What price would Zhang expect...
4. What is the yield to maturity (YTM) of a 20-yr. bond w/ a coupon rate of 10%/yr., has a $1K par value, and is currently priced at $1196.36? Round your answer to the nearest whole percent. Coupons are paid annually. Calculate the YTM if the price is $850.61. Finally, calculate YTM if the price is $1000.00.
Please type out the work for me folks, as I need to learn this
stuff :) Thanks so much!
Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling for $911. It has an annual coupon rate of 11.70 percent, paid semiannually, and has 28-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity? Round the answer to two decimal places...
2. Suppose a company issues a bond with a par value of $1,000, 23 years to maturity, and a coupon rate of 5.8% paid annually. If the yield to maturity is 4.7%, what is the current price of the bond? 3. Seekers Inc. issued 15-year bonds a year ago at a coupon rate of 4.1%. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 4.5%, what is the current bond price?
please show how to calculate with financial calculator.
Question 3. Jones Corporation has zero coupon bonds on the market with a par of s1,000 and 8 years left to maturity. If the market interest rate on these bonds is 6 percent what is the current bond price? (Use the semi-annual interest payment model.) Question 4. Wilson Corporation has 5 percent coupon bonds on the market with a par of $1,000 and 6 years left to maturity. The bonds make annual...