Blackburn Inc. has issued 30-year $1,000 face value, 10% annual coupon bonds, with a yield to...
What is the price of a 3 -year, 8.1% coupon rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.9 % What is the yield to maturity of at 9.9% semiannual coupon bond with a face value of $1,000 selling for $894.71 that matures in 11 years? The annual yield to maturity of the bond is: (Select the best choice below.) A.11.62% B.11.039% C.12.201% D.13.131% E.9.528%
In 2000 Dr. Pepper Inc. issued bonds with an 8 percent coupon rate and a $1,000 face value. The bonds mature on March 1, 2025. If an investor purchased one of these bonds on March 1, 2012, determine the yield to maturity if the investor paid $1,100 for the bond a.) 6.8% b.) The yield to maturity must be greater than 8% because the price paid for the bond exceeds the face value. c.) 5.4% d.) The yield to maturity...
d. Assume that you have a one-year coupon bond with a face value of $1,000 and a coupon payment of $50. What is the price of the bond if the yield to maturity is 6%? e. Assume that you have the same bond is in part d, except instead of paying one annual payment of $50, the bond pays two semi-annual payments of $25 (one six months from now and another payment in twelve months). What is the price of...
Eagle Enterprises issued 10 year bonds in March 2014 with a face value of $1,000, paying semi-annual coupons with a coupon rate of 6%, and a yield to maturity of 4%. It is now March 2017, what is the current price of the bond?
Eagle Enterprises issued 10 year bonds in March 2014 with a face value of $1,000, paying semi-annual coupons with a coupon rate of 6%, and a yield to maturity of 4%. It is now March 2017, what is the current price of the bond?
What is the value of a 10-year, 7.1% coupon rate, $1,000 face value bond with annual coupon payments, if similar bonds (same maturity, same risk profile) are trading at a yield to maturity of 4.1%? Round to the nearest cent.
a. Several years ago, Castles in the Sand Inc. issued bonds at face value of $1,000 at a yield to maturity of 7.8%. Now, with 8 years left until the maturity of the bonds, the company has run into hard times and the yield to maturity on the bonds has increased to 15%. What is the price of the bond now? (Assume semiannual coupon payments.) (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond price b....
Maroon Two Inc. would like to issue 10,000 coupon bonds with face value of $1,000, coupon rate of 9%, semi-annual coupon payment, and maturity of 10 years. Bonds in the market with similar maturity and risk-level are currently selling for $985. What will be the yield to maturity on Maroon Two bonds?
Springfield Nuclear Energy Inc. bonds are currently trading at $1291.39, The bonds have a face value of $1,000 a coupon rate of 10.5% with coupons paid annually, and they mature in 15years. What is the yield to maturity of the bonds? The yield to maturity of the bonds is ____ beam inc. bonds are trading today for a price of $798.96. the bond pays annual coupons with a coupon rate of 6% and the next coupon is due in one...
DMC Inc. is planning to issue a $1,000 face-value bond with an annual coupon rate of 10% that matures in 20 years. DMC is planning to pay semi-annual interest payments. Similar DMC bonds are quoting at 95% of par. What is yield to maturity for this bond? 5.3% 11.2% 7.5% 10.6% None of the above