« previous next »

Author Question: What is the value of a bond that has a par value of 1,000, a coupon of 120 (annually), and matures ... (Read 30 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jul 10, 2018
What is the value of a bond that has a par value of 1,000, a coupon of 120 (annually), and matures
  in 10 years? Assume a required rate of return of 7.02.
 
  A) 1,198.45 B) 1,349.45 C) 1,284.38 D) 1,200.78

Question 2

Sentry Manufacturing paid a dividend yesterday of 5 per share (D0 = 5 ). The dividend is
  expected to grow at a constant rate of 8 per year. The price of Sentry Manufacturing's stock today
  is 29 per share.
 
  If Sentry Manufacturing decides to issue new common stock, flotation costs will
  equal 2.50 per share. Sentry Manufacturing's marginal tax rate is 35. Based on the above
  information, the cost of retained earnings is
  A) 28.38. B) 31.40. C) 24.12. D) 26.62.


dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

vicky

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jul 10, 2018
Correct answers!


dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jul 10, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Carbon dioxide. This molecule exhibits a nonpolar bond and results in a linear and symmetrical ... Carbon dioxide. This molecule exhibits a nonpolar bond and results in a linear and symmetrical ...
Hydrogen Bond Hydrogen Bond
Hydration of a Carbon–Carbon Double Bond Hydration of a Carbon–Carbon Double Bond
Comparison of C-C bond cleavage in transketolase and transaldolase reactions Comparison of C-C bond cleavage in transketolase and transaldolase reactions
Hydrogen bond Hydrogen bond
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
Video: Elementary kinetics

For a complete list of videos, visit our video library