Homework Answers
Present Value of Bond = 1,000/(1.07)25 = $184.25
Number of Bonds issued = 9,500,000/184.25 = 51,560
Face Value of Bonds = 51,560(1,000)
Face Value of Bonds = $51,560,000
Add Answer to:
Your company wants to raise $9.5 million by issuing 25-year zero-coupon bonds if the yield to...
Your company wants to raise $11.0 million by issuing 30-year zero-coupon bonds. If the yield to...
Your company wants to raise $11.0 million by issuing 30-year zero-coupon bonds. If the yield to maturity on the bonds will be 6 % (annual compounded APR) ,what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ (Round to the nearest cent.)
Your company wants to raise $8.5 million by issuing 20-year zero-coupon bonds. If the yield to...
Your company wants to raise $8.5 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds will be 9% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is s (Round to the nearest cent.)
P 6-3 (similar to) Question Help Your company wants to raise $11.0 million by issuing 15-year...
P 6-3 (similar to) Question Help Your company wants to raise $11.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bonds will be 6% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ (Round to the nearest cent.)
do not round the answer please UN 51dl UJ Your company wants to raise $70 million...
do not round the answer please
UN 51dl UJ Your company wants to raise $70 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds will be 9% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ (Round to the nearest cent.)
Your company wants to raise $110 milion by issuing 20-year -coupon bonds if the yield to marry on the bonds wi l l...
Your company wants to raise $110 milion by issuing 20-year -coupon bonds if the yield to marry on the bonds wi l l compounded APRI, what to face value amount of bonds must you issue? The total faceae amount of bonds that you must Round to the nearest cent)
1-Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to...
1-Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 7.6%. What should be the total face value of the bonds (in $ million)? 2- Treasury spot interest rates are as follows: Maturity (years) 1 2 3 4 Spot rate (EAR) 2.1% 2.8% 3% 4.5% What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)?
Oriole, INC., Management wants to raise $1 million by issuing six-year zero coupon bonds with a...
Oriole, INC., Management wants to raise $1 million by issuing six-year zero coupon bonds with a face value of $1,000. The comapn'ys investment banker states that investors would use an 9.0 percent discount rate to value such bonds. Assume semiannual coupon payments. At what price would these bonds sell (Round 2 dec) How many bonds would the firm have to issue to raise $1 million (round to 2 dec)
Crane, Inc., management wants to raise $1 million by issuing six-year zero coupon bonds with a...
Crane, Inc., management wants to raise $1 million by issuing
six-year zero coupon bonds with a face value of $1,000. The
company’s investment banker states that investors would use an 9.1
percent discount rate to value such bonds. Assume semiannual coupon
payments.
At what price would these bonds sell in the marketplace?
(Round answer to 2 decimal places, e.g.
15.25)
Market rate
$
How many bonds would the firm have to issue to raise $1 million?
(Round answer to 0...
Kintel, Inc., management wants to raise $1 million by issuing six-year zero coupon bonds with a...
Kintel, Inc., management wants to raise $1 million by issuing six-year zero coupon bonds with a face value of $1,000. The company’s investment banker states that investors would use an 12.38 percent discount rate to value such bonds. Assume semiannual coupon payments. At what price would these bonds sell in the marketplace? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and Bond price to 2 decimal places, e.g. 15.25) How many bonds would the firm have to issue to...
A company wishes to raise $43 million by issuing 12-year semi-annual coupon bonds with face value...
A company wishes to raise $43 million by issuing 12-year semi-annual coupon bonds with face value of $1,000 and coupon rate of 6.28 percent. The bonds will have a yield to maturity of 5.70 percent. Determine the minimum number of these bonds the company needs to issue to raise the desired amount of money. A. 38,597 B. 52,803 C. 40,956 D. 34,575
Your company wants to raise $8.5 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds will be 9% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is s (Round to the nearest cent.)
P 6-3 (similar to) Question Help Your company wants to raise $11.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bonds will be 6% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ (Round to the nearest cent.)
do not round the answer please
UN 51dl UJ Your company wants to raise $70 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds will be 9% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ (Round to the nearest cent.)
Your company wants to raise $110 milion by issuing 20-year -coupon bonds if the yield to marry on the bonds wi l l compounded APRI, what to face value amount of bonds must you issue? The total faceae amount of bonds that you must Round to the nearest cent)
Crane, Inc., management wants to raise $1 million by issuing
six-year zero coupon bonds with a face value of $1,000. The
company’s investment banker states that investors would use an 9.1
percent discount rate to value such bonds. Assume semiannual coupon
payments.
At what price would these bonds sell in the marketplace?
(Round answer to 2 decimal places, e.g.
15.25)
Market rate
$
How many bonds would the firm have to issue to raise $1 million?
(Round answer to 0...
Most questions answered within 3 hours.
-
(Expected rate of return and risk) Carter Inc. is evaluating a
security. Calculate the investment’s expected...
asked 30 minutes ago -
What specific indicators can point to lack of progress for
African Americans in American society?
asked 1 hour ago -
1-The Electrons in a beam are moving at 2.7×108 m/s in an
electric field of 15000...
asked 1 hour ago -
A gas tank is a vertical cylinder. It has a radius of 1m, a
height of...
asked 2 hours ago -
Accent Software faces the following conditions. All of these
support Accent’s use of a market-penetration pricing...
asked 3 hours ago -
A mathematically inclined friend emails you the following
instructions: "Meet me in the cafeteria the first...
asked 3 hours ago -
A monopoly sells in two countries . The demand curves in the two
countries are p1...
asked 4 hours ago -
A .15kg rubber ball is bounced off a wall. Before hitting the
wall, the ball moves...
asked 4 hours ago -
A manufacturing company preparing to build a new plant is
considering three potential locations for it....
asked 4 hours ago -
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 5 hours ago -
Oscar Inc. has inventory in Japan valued at 39,051,000 Yen one
year ago. One year ago...
asked 5 hours ago -
If Canada suffered from "fundamental disequilibrium," and its
government choose not to devalue its currency, a...
asked 5 hours ago