A 10-year, $1,000 par value bond has a 6.75% coupon rate with interest paid semiannually. The bond currently sells for $...
A 10-year, $1,000 par value bond has a 6.75% coupon rate with interest paid semiannually. The bond currently sells for $875. What is the capital gains yield on these bonds? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
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A 10-year, $1,000 par value bond has a 6.75% coupon rate with interest paid semiannually. The bond currently sells for $...
A 10-year, $1,000 par value bond has a 6.25% coupon rate with interest paid semiannually. The...
A 10-year, $1,000 par value bond has a 6.25% coupon rate with interest paid semiannually. The bond currently sells for $875. What is the capital gains yield on these bonds? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a...
Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a par value of $1,000. The bonds are currently selling at a premium price of $1,250 in the bond market. What is their yield to maturity (YTM)? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
Keenan Industries has a bond outstanding with 20 years to maturity, an 8.25% coupon paid semiannually,...
Keenan Industries has a bond outstanding with 20 years to maturity, an 8.25% coupon paid semiannually, and a $1,000 par value. The bond has a 6.95% nominal yield to maturity, but it can be called in 7 years at a price of $1,085. What is the bond’s nominal yield to call? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35...
Several years ago the Pettijohn Company sold a $1,000 par value, noncallable bond that now has...
Several years ago the Pettijohn Company sold a $1,000 par value, noncallable bond that now has 15 years to maturity and a 8.00% annual coupon that is paid semiannually. The bond currently sells for $950, and the company’s tax rate is 25%. To issue new bonds, Pettijohn would incur 3% flotation costs. What is the component cost of debt for use in the WACC calculation? Enter your answer rounded to two decimal places. Do not enter % in the answer...
Sadik Inc.'s bonds currently sell for $1,250 and have a par value of $1,000. They pay a $115 annual coupon and have...
Sadik Inc.'s bonds currently sell for $1,250 and have a par value of $1,000. They pay a $115 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,115. What is their yield to call (YTC)? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
Garvin Enterprises’ bonds currently sell for $1,075. They have a 6-year maturity, an annual coupon of $95, and a par val...
Garvin Enterprises’ bonds currently sell for $1,075. They have a 6-year maturity, an annual coupon of $95, and a par value of $1,000. What is their current yield? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 20 years. Their...
O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 20 years. Their nominal yield to maturity is 8.50%, they pay interest semiannually, and they sell at a price of $825. What is the bond's nominal (annual) coupon interest rate? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 20 years. Their...
O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 20 years. Their nominal yield to maturity is 8.75%, they pay interest semiannually, and they sell at a price of $800. What is the bond's nominal (annual) coupon interest rate? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
Garvin Enterprises’ bonds currently sell for $1,100. They have a 6-year maturity, an annual coupon of...
Garvin Enterprises’ bonds currently sell for $1,100. They have a 6-year maturity, an annual coupon of $95, and a par value of $1,000. What is their current yield? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
A) Diversified Industries, Inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be -$18 milli...
A) Diversified Industries, Inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be -$18 million (negative), but its FCF at t = 2 will be $35 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 13%, what is the firm's value of operations, in millions? Enter your answer rounded to two decimal places. Do not enter $...
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