(Answered) Compute the price of a 1000 par value 8 percent semi-annual

Finance

Compute the price of a $1,000 par value, 8 percent (semi-annual payment) coupon bond with 21 years remaining until maturity assuming that the bond's yield to maturity is 19 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92779892
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Corporate financewhich publicly traded stock in your

Corporate finance Which publicly traded stock in your opinion is well-positioned to perform well next year? Why?

You take out an 8700 car loan that calls for 36 monthly

You take out an $8,700 car loan that calls for 36 monthly payments starting after 1 month at an APR of 9%.

What do you think is the most important factor in

What do you think is the most important factor in developing a successful agile transformation? Why? What do you think are three most critical factors in a change management initiative? Why?

Project q costs 240 it provides inflows of 120 per year for

Project Q costs 240. It provides inflows of 120 per year for three years. The cost of funds is 6%. Find the replacement chain value needed to compare it to a six year project.

Your company is considering a new project that will require

Your Company is considering a new project that will require $18,000 of new equipment at the start of the project. The equipment will have a depreciable life of 5 years and will be depreciated to a book value of $3,000 us ...

Suavo breeze would like to buy some additional land and

Suavo breeze would like to buy some additional land and build a new assisted living center. The anticipated total cost is $23.6 million. The CEO of the firm is quite conservative and will only have this when the company ...

A company has a projected times interest earned ratio of 40

A company has a projected times interest earned ratio of 4.0 for the next year. What percentage could EBIT decline next year before the company's times interest earned ratio would fall below 1.0?

A company has 6 percent coupon compounded semiannually

A company has 6 percent coupon (compounded semiannually) bonds on the market with 15 years to maturity, and the par value of $1,000. At what price should the bonds be selling for if YTM is 7%? Had the bond been selling a ...

You borrow 165000 to buy a house the mortgage rate is 40

You borrow $165,000 to buy a house. The mortgage rate is 4.0 percent and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you p ...

What are the implications of increased index investing for

What are the implications of increased index investing for market efficiency?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert