(Answered) You paid 888 for a corporate bond that has a 454 coupon

Management Studies

You paid $888 for a corporate bond that has a 4.54% coupon rate. What is the current yield?

Hint: if nothing is mentioned, then assume par value = $1,000

Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

View complete question

HR Management, Management Studies

Category:- HR Management
Reference No.:- M92193657
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in HR Management

Assignment distinguishing the role of the local state and

Assignment: Distinguishing the role of the local, state and national policy makers. It is important to understand the process of how ideas become regulations and rules and how rules and regulations become policy and laws ...

Specify activities you will engage in to achieve your

Specify activities you will engage in to achieve your goals/objectives. You may find it helpful to research professional development activities in your field or organization to determine what resources are available to y ...

Part arespond to the following1 briefly describe each of

Part A Respond to the following: 1. Briefly describe each of the main elements of a position or job description. 2. Describe several uses for a position description. 3. Some management commentators have argued that job ( ...

A fast food restaurant executive wishes to know how many

A fast food restaurant executive wishes to know how many fast food meals adults eat each week. They want to construct a 98% confidence interval for the mean and are assuming that the population standard deviation for the ...

Question pat eneewon a performance practitioner with

Question: Pat Eneewon, a performance practitioner with Turmeric & Spice, Ltd., was asked to meet with the Chief People Officer (CPO) about building a leadership development program. Pat has interviewed Ms, Abley, the CPO ...

1 how can i more effectively use evidence based decision

1. How can I more effectively use evidence based decision making? 2. Describe at least three potential problems global businesses face when they outsource or subcontract their work to companies in other countries? (e.g., ...

West coast architects wca is a new vancouver architectural

West Coast Architects (WCA) is a new Vancouver architectural firm which has been in operations for 5 years with roughly 50 employees. The four managing partners are all architects who are brilliant, experienced and gener ...

Question 1 future leader experiences and psychological

Question #1 "Future Leader Experiences and Psychological Theories and Leadership" Please respond to the following: Experiences play an important role in how future leaders will run the organization. Give three examples o ...

Question you are the research manager within your

Question: You are the research manager within your organization, and you are grappling with a problem that needs further research. Your immediate supervisor is interested in using experimentation and observation research ...

In december 2016 arshad ali joined imperial computers ltd

In December 2016, Arshad Ali joined Imperial Computers Ltd. (ICL) as a Senior Programmer, with a handsome pay. Prior to this job, he worked successfully as an assistant programmer in Gem Computers (Gem). Arshad felt that ...

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 HR Management Expert