« 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 60 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?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Hydrogen Bond Hydrogen Bond
Peptides and the Peptide Bond Peptides and the Peptide Bond
Peptide bond as resonance hybrid of two forms Peptide bond as resonance hybrid of two forms
Hydration of a Carbon–Carbon Double Bond Hydration of a Carbon–Carbon Double Bond
Covalent bond Covalent bond
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
Video: Mutations and translation

For a complete list of videos, visit our video library