Flower Valley Company bonds have a 7.55 percent coupon rate. Interest is paid semiannually. The bonds...
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Flower Valley Company bonds have a 7.55 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 13 years from now. Compute the value of Flower Valley Company bonds if investors' required rate of return is 9.48 percent. Round the answer to two decimal places. Question 3 (1 point) Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling for $1,167. It has an annual coupon rate of 8.19 percent, paid semiannually, and has 6-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity? Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) You should use Excel or financial calculator. Question 3 (1 point) 17 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 11.55 percent, compounded semi-annually. What is the current price of the bond? Round the answer to two decimal places. Question 3 (1 point) 13 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 11.57 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 8.89 percent. Given this information, what is the price today for a Delicious Mills bond? Round the answer to two decimal places. Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. Calculate the bond's current yield. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box). Company Robin Hood Price Your Answer: 98.103 Answer Coupon Rate 8.624 Maturity Date units 2-15-2029 YTM Current Yield ? Rating D Flower Valley Company bonds have a 7.55 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 13 years from now. Compute the value of Flower Valley Company bonds if investors' required rate of return is 9.48 percent. Round the answer to two decimal places. Question 3 (1 point) Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling for $1,167. It has an annual coupon rate of 8.19 percent, paid semiannually, and has 6-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity? Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) You should use Excel or financial calculator. Question 3 (1 point) 17 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 11.55 percent, compounded semi-annually. What is the current price of the bond? Round the answer to two decimal places. Question 3 (1 point) 13 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 11.57 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 8.89 percent. Given this information, what is the price today for a Delicious Mills bond? Round the answer to two decimal places. Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. Calculate the bond's current yield. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box). Company Robin Hood Price Your Answer: 98.103 Answer Coupon Rate 8.624 Maturity Date units 2-15-2029 YTM Current Yield ? Rating D
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Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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