just answer both of them. The $1,000 par value bonds of Midtown Taxis have a coupon...
1000.00 par value bonds of Uptown Tours have a coupon rate of 6.5 and a current price quote of 101.23 what is current yield
Debt: 500 4% coupon bonds outstanding, with a par value of $1,000, 10 years to maturity, trading at $950 and making semi-annual payments. Equity: 20,000 shares outstanding and trading at a price of $40 per share. The current dividend is $1 per share and the expected earnings growth rate is 5%. A) What is the WACC? Assume a tax rate of 30%
Moussawi Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 5 years. Their yield to maturity is 9% and their current price is $98241. What is the bond's annual coupon rate? (Hint: first solve for payment, and then determine the coupon rate). 6.5% 9.5% 10.5% 7.5% 8.7%
8. Croft Inc, bonds have a par value of $1,000. The bonds have a 4% coupon rate and will mature in 10 years. Assume the bond is semi-annual a. Calculate the price if the yield to maturity on the bonds is 7, 8, and 9 percent, respectively. b. Explain the impact on price if the required rate of return decreases. c. How does the relationship between the coupon rate and the yield to maturity determine how a bond's price will...
Messenger, Inc. bonds have a 4% coupon rate with annual coupon payments and a $1,000 par value. The bonds have 5 years until maturity, and expected to yield 4.90%. What is the current yield for Messenger's bonds? 4.51% 4.33% 4.42% 4.16%
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)...
Dillard's just issued bonds with a $1,000 par value. The bonds are currently trading at $1,020 per bond. The bonds have a 7% yield to maturity and pay interest semiannually. The bonds have twenty years to maturity. What is the bond's annual coupon rate? 4.44% 4.91% 17.00% None of the above
Madsen Motors's bonds have 5 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 6.5%; and the yield to maturity is 13%. What is the bond's current market price? Round your answer to the nearest cent.
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?
ABC Inc. recently issued $1,000 par bonds at a 8.40% coupon rate. The bonds have 18 years to maturity and the current price is $885. If the call price is $1,080 and the bond can be called in 8 years, what is the yield to call? Assume semi-annual compounding. Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. Question 19 1 pts The coupon rate on a bond...