This topic contains a solution. Click here to go to the answer

Author Question: Tangshan Industries has issued a bond which has a 1,000 par value and a 15 percent annual coupon ... (Read 67 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
Tangshan Industries has issued a bond which has a 1,000 par value and a 15 percent annual coupon interest rate. The bond will mature in ten years and currently sells for 1,250.
 
  Using this information, the yield to maturity on the Tangshan Industries bond is ________.
  A) 10.79 percent
  B) 11.39 percent
  C) 12.19 percent
  D) 13.29 percent

Question 2

On average in U.S., during the past 75 years, the return on large-company stocks has exceeded the return on long-term corporate bonds.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

A

Answer to Question 2

TRUE




Haya94

  • Member
  • Posts: 558
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library