# Question

Time Warner has bonds that are selling for $ 1,371. The coupon interest rate on the bonds is 9.15 percent and they mature in 21 years. What is the yield to maturity on the bonds? What is the current yield?

## Answer to relevant Questions

SunnCo.’ s bonds, maturing in 7 years, pay 4 percent interest on a $ 1,000 face value. However, interest is paid semiannually. If your required rate of return is 5 percent, what is the value of the bond? How would your ...An 8- year bond for Katy Corporation has a market price of $ 700 and a par value of $ 1,000. If the bond has an annual interest rate of 6 percent, but pays interest semiannually, what is the bond’s yield to maturity? Shelly Inc. bonds have a 6 percent coupon rate. The interest is paid semiannually, and the bonds mature in 8 years. Their par value is $ 1,000. If your required rate of return is 4 percent, what is the value of the bond? ...Why is preferred stock frequently convertible? Why is it callable? Abercrombie & Fitch’s common stock pays a dividend of $ 0.70. It is currently selling for $ 34.14. If the firm’s investors require a 10 percent return on their investment from buying Abercrombie & Fitch stock, what ...Post your question

0