Can u solve this, if possible using the BA II plus. Thank u 6) Find the...
can u solve this using the BA II plus.thank u 1) Find the price of a $1000 par value 2-year bond with coupons at 8% payable semiannually and will be redeemed at $1050. The bond will yield 6% semiannually. Use all four formulas of bond pricing.
Can u solve this pls. if possible using the BA II plus thank u 8) On a loan of $10,000 interest at 9% effective must be paid at the end of each year. The borrower also deposits $X at the beginning of each year into a sinking fund earning 7% effective. At the end of 10 years, the sinking fund is exactly sufficient to pay off the loan. Calculate X
Please give the steps to solve these problems using the Texas Instrument BA II Plus financial calculator. Spiller Corp. plans to issue 10%, 15-year, $500,000 par value bonds payable that pay interest semiannu- ally on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. If the market rate of interest for the bonds is 8% on the date of issue, what will be the total cash proceeds from the bond issue?...
how do i plug in 29,991.12xPV0.6667%,5 in my financial calculator BA II Plus Mr. Bond agrees to repay a loan by paying $600 at the end of EACH month for 5 years. The first payment is due at the end of the 6th month from today and the last payment will be at the end of five and a half years (66 months). If the interest rate is 8% compounded monthly, find the amount of the loan today. Choose the...
mind showing how to find the PVIFA using a BA II plus? im kinda stumped What more info do you need? That is the entire question! Problem 18-1 NPV and APV Zoso is a rental car company that is trying to determine whether to add 25 cars to its fleet. The company fully depreciates all its rental cars over five years using the straight-line method. The new cars are expected to generate $190,000 per year in earnings before taxes and...
can you please help me to solve this using a financial calculator BA II plus? Question 6 0/1 pts Courses Groups What is the effective yield on a 35-year fixed rate mortgage if 12 points are charged and the nominal interest rate is 5.75% assuming monthly compounding? Use financial calculator, enter your answer indecimals and round your final answer to decimal places (e.enter 5.65% as 0565) You Answered Correct Answers Quiz Score: 1 out of 6
Hello! Can someone tell me how to recreate this tableau in my TEXAS BA 2 PLUS calculator step by step to find the interest expense amount? This is a bond premium example. Thank you Schedule of Bond Premium Amortization Effective Interest Method-Semi-Annual Interest Payments - 5-Year, 8% Bonds Sold to Yield 6% Cash Paid Interest Premium Carrying Amount Expense Amortized of Bonds Date $ 3,256b 3,234 $ 108,530 107,7860 107,020 106,231 105,418 104,580 3,211 3,187 3,162 1/1/20 7/1/20 $ 4,000a...
the possible answers are 2%,3%,4%,5%,6% 27. On January 1, 1987, three 100 par value bonds with 6% annual coupons will mature at the end of 1, 2, and 3 years, respectively. The redemption value of each bond is 100. You are given that the prices for these bonds on January 1, 1987 are: Maturity Date Price December 31, 1987 101.92 December 31, 1988 102.84 December 31, 1989 105.51 These prices are based on an interest rate of i in 1987,...
im not sure what section this goes under, but i plan on taking exam fm somewhat soon and found this practice exam, i was wondering if i can get some solutions to this so i can compare it to the answers i get 1 1. Consider the yield curve given by the equation i 06+.004(k 1), where ig is the annual effective rate of return on zero coupon bonds with maturity of k years. Determine the 1-year forward rate for...
Please show the steps to finding the answer using a *Financial Calculator*! Thank you. 1) The U.S. Treasury issued a 7-year maturity, $1000 par value bond exactly 3 years ago. The bond pays a nominal coupon rate of 12%. The coupon payments are paid semi-annually The most recent coupon payment (the sixth coupon payment) was made yesterday. Your required rate of return from the bond is 10% per year What is the price of the bond today? If the bond...