Question

Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $1,000, and...

Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $1,000, and the bond matures in six years. If the bond currently sells for $911.37, what is the yield to maturity?

Homework Answers

Answer #1

­SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $1,000, and...
Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $1,000, and the bond matures in six years. If the bond currently sells for $911.37, what is the yield to maturity?
An ABC Corp bond carries an 8 percent coupon paid quarterly. The par value of the...
An ABC Corp bond carries an 8 percent coupon paid quarterly. The par value of the bond is $1,000 and the bond has six years to mature. If the bond is currently selling at $925, what are its Current Yield and Yield to Maturity, respectively?
A $1,000 (par value) bond with a coupon rate of 10%, interest paid semiannually, matures in...
A $1,000 (par value) bond with a coupon rate of 10%, interest paid semiannually, matures in ten years and sells for $940.25. What is the yield to maturity? A. 11.0% B. 10.4% C. 5.2% D. 5.5%
A bond pays 11% coupon semiannually, has a par value of $1,000 and will mature in...
A bond pays 11% coupon semiannually, has a par value of $1,000 and will mature in 10 years. If it currently sells for $942.65, what is its yield to maturity? 7.5% 11.6% 12% 8%
Consider a $1,000 par value bond with a 6% coupon rate paid semiannually, and has 9...
Consider a $1,000 par value bond with a 6% coupon rate paid semiannually, and has 9 years to maturity. What is the price of the bond if it is priced to yield 7%?
The bonds issued by Sota Inc. bear a 6.5 percent coupon, payable semiannually. The bond matures...
The bonds issued by Sota Inc. bear a 6.5 percent coupon, payable semiannually. The bond matures in 14 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity? The common stock of Pizzaria pays an annual dividend that is expected to increase by 8 percent annually. The required rate of return on the stock is 12 percent and sells for $70.50 a share. What is the expected amount of the next...
A 9.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 18 years remaining...
A 9.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 18 years remaining to maturity. The bond is selling at $970. An 8.3 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $900. An 11.3 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity. The bond is selling at $1,050. Round your answers to 3 decimal places!!!!. (e.g.,...
A bond that matures in 20 years has a $1,000 par value. The annual coupon interest...
A bond that matures in 20 years has a $1,000 par value. The annual coupon interest rate is 11 percent and the​ market's required yield to maturity on a​ comparable-risk bond is 15 percent. What would be the value of this bond if it paid interest​ annually? What would be the value of this bond if it paid interest​ semiannually? The value of this bond if it paid interest annually would be $_ The value of this bond if it...
A $1,000 par value bond has an 8% coupon rate (paid semiannually). It has 5 years...
A $1,000 par value bond has an 8% coupon rate (paid semiannually). It has 5 years remaining to maturity. If bond’s current price $1,085.30, what should be the YTM of this bond? Group of answer choices 6% 7.37% 3% 3.69%
(Bond valuation) A bond that matures in 10years has a $1,000 par value. The annual coupon...
(Bond valuation) A bond that matures in 10years has a $1,000 par value. The annual coupon interest rate is 9 percent and the? market's required yield to maturity on a? comparable-risk bond is 15 percent. What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT