subject
Business, 03.03.2020 03:43 Annsanchez5526

The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A clean price of $923 and the par value is $1,000. What is the invoice price?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:30
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
question
Business, 22.06.2019 21:00
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
question
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
question
Business, 22.06.2019 22:00
Only the united states has embassies. true or false
Answers: 2
You know the right answer?
The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to...
Questions
question
Mathematics, 09.02.2021 07:10
question
English, 09.02.2021 07:10
question
English, 09.02.2021 07:10
question
Mathematics, 09.02.2021 07:10
question
English, 09.02.2021 07:10
question
Mathematics, 09.02.2021 07:10
question
Mathematics, 09.02.2021 07:10
Questions on the website: 13722361