This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ________ is the expiration date of the bond. A) future value B) yield to maturity C) ... (Read 179 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jul 10, 2018
The ________ is the expiration date of the bond.
 
  A) future value
  B) yield to maturity
  C) maturity date
  D) coupon

Question 2

Ten years ago Bacon Signs Inc. issued twenty-five-year 8 annual coupon bonds with a 1,000 face value each. Since then, interest rates in general have fallen and the yield to maturity on the Bacon bonds is now 7.
 
  Given this information, what is the price today for a Bacon Signs bond?
  A) 1,000
  B) 1,116.54
  C) 1,091.08
  D) 914.41


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C
Explanation: C)
Bond Price = PMT  +
= 80  + = 1,091.08.

MODE = END
INPUT 15 7 0 -80 -1,000
KEY N I/Y PV PMT FV
CPT 1,091.08


james0929

  • Member
  • Posts: 586
Reply 2 on: Jul 10, 2018
Wow, this really help

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
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 donors and acceptors in water Hydrogen-bond donors and acceptors in water
Catalysis of peptide bond hydrolysis by chymotrypsin (part 2) Catalysis of peptide bond hydrolysis by chymotrypsin (part 2)
Can Expiry Date Can Expiry Date
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Video: Inflammation and Fever

For a complete list of videos, visit our video library