jacckkkiiiieee4389 jacckkkiiiieee4389
  • 10-01-2020
  • Business
contestada

A corporate bond matures in one year. The bond promises a $50 coupon and a principal payment of $1,000 at maturity. If an investor buys the bond for $938.10, calculate the promised yield on the bond

Respuesta :

ppkd1998p4tvsn
ppkd1998p4tvsn ppkd1998p4tvsn
  • 10-01-2020
Promised yield = 1050/938.10 = 11.93%
Answer Link

Otras preguntas

An item, which is regularly $4.60, is on sale for one-fourth off. What is the sale price?
Ronald ate 1/3 of a pizza for lunch the next day he had a part of the pizza for snack after his snack there was 1/2 of the pizza remaining. Ronald drew a circl
Sugar substitutes are one way to decrease simple carbohydrates and decrease calories in your diet. true false
which molecules have one lone pair of electrons on the central atom? CH4, HCI, H2O, or NH3?
is there a difference between Mexicans and Hispanics?
Hurricanes get their energy from
Which element listed below is considered an alkaline earth metal? A. oxygen B. magnesium C. chlorine D. hydrogen
How did Alexander try to unify the Greeks and Macedonians with the people he conquered?
Consider f(x)= -(x+7)^2+4
Using the numbers 3, 7, 4, and 5, make the greatest 4-digit number and the least 4-digit number. use each digit once