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Author Question: Keenan Industries has a bond outstanding with 18 years to maturity, a 9.5% coupon paid semiannually, ... (Read 60 times)

dusk108

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Question 1

In which way do income bonds pay interest?

annually or semiannually


when earnings are higher than the interest expense


when earnings are lower than the interest expense


at predetermined dates



Question 2

Keenan Industries has a bond outstanding with 18 years to maturity, a 9.5% coupon paid semiannually, and a $1,000 par value. The bond has a 7.2% nominal yield to maturity, but it can be called in 10 years at a price of $1,090. What is the bond’s nominal yield to call?

5.51%


5.70%


6.05%


6.92%



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Marked as best answer by dusk108 on Aug 7, 2023

Karla347

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dusk108

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Reply 2 on: Aug 7, 2023
Excellent


Dinolord

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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