Question: help please Caspian Sea Drinks needs to raise $41.00 million by issuing bonds. It plans to issue a 12.00 year semi-annual pay bond that has
Caspian Sea Drinks needs to raise $41.00 million by issuing bonds. It plans to issue a 12.00 year semi-annual pay bond that has a coupon rate of 5.06%. The yield to maturity on the bond is expected to be 4.90%. How many bonds must Caspian Sea issue? (Note: Your answer may not be a whole number. In reality, a company would not issue part of a bond.) Answer format: Number: Round to: 0 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 11,00 year, annual pay bond that has a coupon rate of 16.00%. If the yield to maturity for the bond is 16.0%, what will the price of the bond be? Answer format: Cumency: Round to: 2 decimal places. The market price of a semi-annual pay bond is $950.01. It has 20.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity? Answer format: Porcentage Round to: 4 decimal places (Example: 9.2434\%, \% sign required. Wiw accept docima) format rounded to 6 decimal places (ex: 0.092434) )
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