subject
Business, 06.11.2019 19:31 katherinegvz

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $40,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,000 every six months over the subsequent eight years, and finally pays $2,300 every six months over the last six years. bond n also has a face value of $40,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 8 percent compounded semiannually.

what is the current price of bond m and bond n? (round your answer 2 decimal places)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:20
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
question
Business, 22.06.2019 04:00
Donโ€™t give me to many notifications because it will cause you to lose alot of points
Answers: 1
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
question
Business, 22.06.2019 23:30
Mystic bottling company bottles popular beverages in the bottling department. the beverages are produced by blending concentrate with water and sugar. the concentrate is purchased from a concentrate producer. the concentrate producer sets higher prices for the more popular concentrate flavors. a simplified bottling department cost of production report separating the cost of bottling the four flavors follows:
Answers: 3
You know the right answer?
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $40,00...
Questions
question
Mathematics, 10.12.2020 22:00
question
Mathematics, 10.12.2020 22:00
question
Mathematics, 10.12.2020 22:00
Questions on the website: 13722363