Author Question: What is the approximate yield to maturity for a 1,000 par value bond selling for 1,120 that matures ... (Read 75 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
What is the approximate yield to maturity for a 1,000 par value bond selling for 1,120 that matures in 6 years and pays 12 percent interest annually?
 
  A) 8.5 percent
  B) 9.3 percent
  C) 12.0 percent
  D) 13.2 percent

Question 2

Tangshan Mining Company, with a cost of capital of 10 percent, is considering investing in project A, with an initial investment of 1,000,000. Project A is expected to provide equal cash inflows over its 15 year useful life.
 
  Based on this information, the breakeven cash inflow for the project is ________.
  A) 1,000,000
  B) 131,474
  C) 100,000
  D) 66,667



kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library