Wildhorse, Inc., management wants to raise $1 million by issuing six-year zero coupon bonds with a face value of $1,000. The company's investment banker states that investors would use an 9.1 percent discount rate to value such bonds. Assume semiannual coupon payments. At what price would these bonds sell in the marketplace? (Round answer to 2 decimal places, e. g. 15.25)
Market rate:$How many bonds would the firm have to issue to raise $1 million? (Round answer to 0 decimal places, e. g. 5,275.)Number of bonds:
Answers: 1
Business, 21.06.2019 18:20
Saeed needs money to purchase tools, basic office supplies, parts to refurbish equipment, accounting software, and legal fees. believing saeed's business will be a success, an investor invests $5,000 to saeed open his business. in return, saeed agrees to repay the investor the $5,000 plus 17 percent of the profits of the business. calculate the return on investment for the investor if saeed's business makes $7,000 in profit as a total return of the business in its first year.
Answers: 1
Business, 21.06.2019 22:30
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
Business, 21.06.2019 23:30
Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?
Answers: 2
Business, 22.06.2019 09:40
Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.
Answers: 2
Wildhorse, Inc., management wants to raise $1 million by issuing six-year zero coupon bonds with a f...
Mathematics, 09.07.2019 09:30
Physics, 09.07.2019 09:30
Mathematics, 09.07.2019 09:30
Mathematics, 09.07.2019 09:30
Mathematics, 09.07.2019 09:30
Spanish, 09.07.2019 09:30
Mathematics, 09.07.2019 09:30