using excel rate function
Yield to maturity = RATE(number_of_periods, payment_per_period, present_value, [future_value], [end_or_beginning], [rate_guess]) * number of compounds in a year
= RATE(16,50/2,-729.05,1000)
= 10%
Question 20 Chrysler has a bond outstanding with eight years remaining to maturity, a coupon rate...
11.2 Twin Oaks Health Center has a bond issue outstanding with a coupon rate of 7 percent and four years remaining until maturit The par value of the bond is $1,000, and the bond pays interest annually. a. Determine the current value of the bond if present market conditions justify a 14 percent required rate of return. b. Now, suppose Twin Oaks's four-year bond had semiannual coupon payments. What would be its current value? (Assume a 7 percent semiannual required...
Acme Products has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10% with interest paid annually, and a par value of $1,000. If the current market price of the bond issue is $814.45, what is the yield to maturity, rd?
Whatever, Inc., has a bond outstanding with a coupon rate of 5.75 percent and semiannual payments. The yield to maturity is 4.7 percent and the bond matures in 22 years. What is the market price if the bond has a par value of $1,000? Multiple Choice $1,142.07 $1,144.77 $1,143.01 $1,146.28 $1,165.87
SKMY Industries has a bond outstanding with 20 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 7.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,075. What is the bond’s nominal yield to call?
Whatever, Inc., has a bond outstanding with a coupon rate of 5.64 percent and semiannual payments. The yield to maturity is 6.1 percent and the bond matures in 15 years. What is the market price if the bond has a par value of $1,000?
Whatever, Inc., has a bond outstanding with a coupon rate of 5.68 percent and semiannual payments. The yield to maturity is 6.5 percent and the bond matures in 17 years. What is the market price if the bond has a par value of $1,000?
Whatever, Inc., has a bond outstanding with a coupon rate of 5.64 percent and semiannual payments. The yield to maturity is 6.1 percent and the bond matures in 15 years. What is the market price if the bond has a par value of $1,000?
Lincoln Park Co. has a bond outstanding with a coupon rate of 5.72 percent and semiannual payments. The yield to maturity is 6.9 percent and the bond matures in 19 years. What is the market price if the bond has a раr vаluе оf $2,000? Multiple Choice o $1,75723 o $1,754.92 o $1,754.24 o $1,75223 o $1,78727
2. Kasey Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The bond has a yield to maturity of 5.1 percent, a par value of $2,000, and matures in 20 years. What is the quoted price of the bond?3. A bond with a current yield of 6.64 percent is quoted at 96.171. What is the coupon rate of the bond:?4. Footsteps Co. has a bond outstanding with a coupon rate of 5.7 percent and...
Harpeth Valley Water District has a bond outstanding with a coupon rate of 2.67 percent and semiannual payments The bond matures in 11 years, with a yield to maturity of 349 percent, and a par value of $5,000. What is the market price of the bond? Multiple Choice $4,641.36 $4,628.13 $4720.69 $4,635.25 $4.630.73