Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,910.50. The bond has a coupon rate of 7.05 percent and matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond

Yield to maturity of the bond is 7.5%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $2,000

Coupon payment = $2,000 x 7.05% = $141/2  = $70.5 semiannually

Selling price = P = $1910.50

Number of payment = n = 19 years x 2 = 38

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [$70.5 + ( 2,000 - 1,910.50 ) / 38 ] / [ (2,000 + 1,910.50 ) / 2 ]

Yield to maturity = 72.86 / $1,955.25

Yield to maturity = 3.73% Semiannual

Yield to maturity = 7.5% annually

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%