Question

The State of Adaven issue d $50 million of perpetual bonds in 1960. The bonds were issued in $100 denominations with an the rate of retur annual coupon interest rate of 5%. Determine urn or yield on these bonds if they are purchased at the current price of $40 a. 12.5% b. 8.0% C. 5.0% d. 1.25% 3. the purchase of new jet airliners. These bonds were issued in $1000 denominations with an original maturity of 12 years and a coupon rate of 12%. Determine the value today of one of these bonds to an investor who requires a 14% rate of return on these securities. wo-years ago, Trans-Atlantic Airlines sold a $250 million bond issue to finance a. $626 b. $463 c. $896 d. $270 Two years ago, Trans-Atlantic Airlines sold $250 million worth of bonds at 4. $1,000 each. The bonds had a maturity of 12 years and a coupon rate of 12%. Today these bonds are selling for $910. Determine the yield-to-maturity (to the nearest tenth o one percent) a. 13.2% b. 5.6% c. 13.7% d. 12.0% Commanyvs $3.25 preferred stoc

PLEASE CAN YOU PLEASE CLEARLY WRITTEN ANSWER THESE QUESTIONS USING ONLY THE FINANCIAL PROFESSIONAL CALCULATOR KEYS ONLY CLEARLY WRITTEN YOU THE FINANCIAL PROFESSIONAL CALCULATOR ONLY THANK YOU VERY MUCH

Answer 1

4 2 Input Button Output 5 divide 40= 12.50% This is a simple calculation and can be done on financial calculator like normal calc" 3 Input Button Output 12 120 PMT 1000 FV 14 I/Y 10 N CPT 16 17 18 19 PV 895.67 C) 4 Input Button Output 120 PMT 1000 FV 910 PV 10 N 23 CPT 25 PV 13.7 C) 26