« 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 68 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?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

The effect of a double bond on the shape of fatty acids The effect of a double bond on the shape of fatty acids
A peptide bond configurations, trans and cis (rotation around the CCO-N bond) A peptide bond configurations, trans and cis (rotation around the CCO-N bond)
Cleavage of a glycosidic bond by hydrolysis or Phosphorolysis Cleavage of a glycosidic bond by hydrolysis or Phosphorolysis
Metallic bond Metallic bond
Covalent bond- carbon rings Covalent bond- carbon rings
What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ... What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ...
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library