Three years ago you purchased a Kraft Heinz corporate bond that pays 4.498 percent annual interest....
Three years ago you purchased a Kraft Heinz corporate bond that pays 4.498 percent annual interest. The face value of the bond is $1,000. What is the total dollar amount of interest that you received from your bond investment over the three-year period? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Homework Answers
Add Answer to:
Three years ago you purchased a Kraft Heinz corporate bond that
pays 4.498 percent annual interest....
Eight years ago, Burt Brownlee purchased a government bond that pays 6.50 percent interest. The face...
Eight years ago, Burt Brownlee purchased a government bond that pays 6.50 percent interest. The face value of the bond was $1,000. (a) What is the dollar amount of annual interest that Burt received from his bond investment each year? (Do not round intermediate calculations.Round your answer to 2 decimal places.) ts Amount of annual interest 65.00 eBook Print ferences (b) Assume that comparable bonds are now paying 6.15 percent. What is the approximate dollar price for which Burt could...
Jean Miller purchased a $1,000 corporate bond for $955. The bond paid 13 percent annual interest....
Jean Miller purchased a $1,000 corporate bond for $955. The bond paid 13 percent annual interest. Three years later, she sold bond for $1,090. Calculate the total return Ms. Miller's bond investment. (Do not round intermediate calculations.) 33.33 Total dollar retum points eBook Print References
#6. Five years ago, you purchased five corporate bonds that each pay 5.80 percent annual interest....
#6. Five years ago, you purchased five corporate bonds that each pay 5.80 percent annual interest. Each bond has a face value of $1,000. how much interest do you earn on the five bonds each year?
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate...
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 3.5 percent. Today comparable bonds are paying 4 percent. What is the approximate dollar price for which you could sell your bond? (Round your answer to 2 decimal places.) Approximate market value
Suppose you bought a bond with an annual coupon rate of 8.4 percent one year ago...
Suppose you bought a bond with an annual coupon rate of 8.4 percent one year ago for $907. The bond sells for $946 today. a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What was your total nominal rate of return on this investment over the past year? (Do not round intermediate calculations...
Suppose you bought a bond with an annual coupon rate of 5.5 percent one year ago...
Suppose you bought a bond with an annual coupon rate of 5.5 percent one year ago for $1,017. The bond sells for $1.041 today. a. Assuming a $1.000 face value, what was your total dollar return on this investment over the past year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What was your total nominal rate of return on this investment over the past year? (Do not round intermediate calculations...
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving...
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $700 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond if...
uppose that you invested $14,000 in a corporate bond 12 years ago and have been receiving...
uppose that you invested $14,000 in a corporate bond 12 years ago and have been receiving annual payments of $1,200 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond if...
Question 3 Assume you are in the 20 percent tax bracket and purchase a 5.0 percent...
Question 3 Assume you are in the 20 percent tax bracket and purchase a 5.0 percent municipal bond. Calculate the taxable equivalent yield for this investment. Convert your answer to a percent, then round to 2 decimal places (i.e. 1.25 2.44, 0.09, 12.44). Do not include the "%" sign in your response. Question 4 Assume that three years ago you purchased a corporate bond that pays 6.0 percent. The purchase price was $1110. What is the annual dollar amount of...
A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate....
A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 25 years remaining to maturity. Interest rates on similar obligations are now 8 percent. Assume Ms. Bright bought the bond three years ago when it had a price of $1,015. Further assume Ms. Bright paid 40 percent of the purchase price in cash and borrowed the rest (known as buying on margin). She used the interest payments from the bond to...
Eight years ago, Burt Brownlee purchased a government bond that pays 6.50 percent interest. The face value of the bond was $1,000. (a) What is the dollar amount of annual interest that Burt received from his bond investment each year? (Do not round intermediate calculations.Round your answer to 2 decimal places.) ts Amount of annual interest 65.00 eBook Print ferences (b) Assume that comparable bonds are now paying 6.15 percent. What is the approximate dollar price for which Burt could...
Jean Miller purchased a $1,000 corporate bond for $955. The bond paid 13 percent annual interest. Three years later, she sold bond for $1,090. Calculate the total return Ms. Miller's bond investment. (Do not round intermediate calculations.) 33.33 Total dollar retum points eBook Print References
Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 3.5 percent. Today comparable bonds are paying 4 percent. What is the approximate dollar price for which you could sell your bond? (Round your answer to 2 decimal places.) Approximate market value
Suppose you bought a bond with an annual coupon rate of 8.4 percent one year ago for $907. The bond sells for $946 today. a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What was your total nominal rate of return on this investment over the past year? (Do not round intermediate calculations...
Suppose you bought a bond with an annual coupon rate of 5.5 percent one year ago for $1,017. The bond sells for $1.041 today. a. Assuming a $1.000 face value, what was your total dollar return on this investment over the past year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What was your total nominal rate of return on this investment over the past year? (Do not round intermediate calculations...
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $700 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond if...
A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 25 years remaining to maturity. Interest rates on similar obligations are now 8 percent. Assume Ms. Bright bought the bond three years ago when it had a price of $1,015. Further assume Ms. Bright paid 40 percent of the purchase price in cash and borrowed the rest (known as buying on margin). She used the interest payments from the bond to...
Most questions answered within 3 hours.
-
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 12 minutes ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 11 minutes ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 39 minutes ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 52 minutes ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 59 minutes ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 1 hour ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 1 hour ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 1 hour ago -
What does a 2-sided p value of 0.04 mean? (I am not asking if it
is...
asked 1 hour ago -
A parallel-plate capacitor is made from two aluminum-foil
sheets, each 7.8 cmcm wide and 5.1 mmlong....
asked 1 hour ago -
1. why is toluene a stronger nucleophile than benzene?
2.why is phenol a stronger nucleophile than...
asked 1 hour ago -
4. How can you solve for the density of the liquid from the
slope? Please show...
asked 1 hour ago