Podalic, Inc., has 10% percent coupon bonds on the market with 14 years left to maturity. The bonds make semi-annual payments and have a par value of $1,000. If the bonds have a yield to maturity of 12 percent, what is the price? Select one: a.$895,94 b.$815.59 c.$796.31 d.$865.94

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A: In this question the first part asks for the present value of the bond which will give the market…

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A: In this question we need to calculate Bond price and how many bonds does the firm have to sell?

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A: Semiannual interest = Par value * Rate * Time Semiannual interest = $1,000 * 0.10 * 6/12 Semiannual…

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A: Yield to maturity (20*2) 40 coupon amount (PMT) = 10%*1000/2 50 Face value (FV) 1000 Yield…

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A: In the given question we require to calculate the bond's price from following details: Par value of…

Q: ACB Products has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10…

A: Par value = $1000 Coupon rate = 10% Coupon amount = 1000*0.10 = $100 Years to maturity = 8 Years…

Q: Old World Markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in…

A: Given:

Q: Wine and Roses, Incorporated, offers a bond with a coupon of 8.0 percent with semiannual payments…

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Q: Chadron Motors has 6.5 percent coupon bonds outstanding with a current market price of $695. The…

A: 1. Calculate the annual coupon amount (PMT) by multiplying the face value of the bond which is…

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A: Data given : Face value of bond =$1000 (assumed) n= 8 years x 2= 16 periods ( as payment is made…

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A: total percentage = 10.8%     n = 8 years    par value = 1000  bond price = 1129.70 here

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A: First we need to calculate yield to maturity of the bond by using the following formula in excel.…

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Q: Eades Corp. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The…

A:

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Q: Wesimann Co. issued 15-year bonds a year ago at a coupon rate of 8.7 percent. The bonds make…

A: Calculation of Current Bond Price:The bond is issued a year ago so the bond duration is 14 years.The…

Q: Milton Corp. has 8 percent coupon bonds making annual payments with a YTM of 7.2 percent. The…

A: We know that current yield = annual coupon payments/price of bond * 100 Annual coupons = 8% of 1000…

Q: ABC Company is issuing an issue of bonds with a 10-year m aturity, a RM1,000 par value, a 12 percent…

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Q: Wisteria Company has some $1,000 par value bonds outstanding which pay a 14 percent annual coupon…

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Q: Ryngaert Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of…

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Q: ABC has 12 percent coupon bonds on the market with 13 years left to maturity. The bonds make annual…

A: The bonds refer to the debt instruments that are issued for the purpose of raising capital from the…

Q: Lanker Enterprises has bonds on the market making Monthly payments, with 16 years to maturity, a par…

A: Face Value = 1000 Price = 1154.49 Time to maturity = 16 years i.e. 192 months Yield = 12% Monthly…

Q: National Co. has outstanding bonds with an annual 8 percent coupon. The bonds have a par value of…

A: Par value = P1000 Coupon rate = 8% Annual coupon amount = 1000*0.08= P80 Years to maturity = 11…

Q: Nesmith Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 6 years to…

A: BondIt is the instrument of the indebtedness of an issuer of the bond to the holders of the bond.

Q: Gabriele Enterprises has bonds on the market making annual payments, with 12 years to maturity, a…

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Q: Skyscraper Inc. has 12-year bonds outstanding with a face value of $1,000 and a market price of…

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A: Computation:

Q: Gabriele Enterprises has bonds on the market making annual payments, with 13 years to maturity, a…

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A: Bond A bond is a financial instrument that pays a series of equal amount as coupon payment at equal…

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Q: Page Enterprise has bonds on the market making annual payments, with 9 years to maturity, and…

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Q: price

A: The above problem can be solved using the PV function in the excel as follows: PV(rate, n, pmt, FV)

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A: Computation of bond price: Hence, the bond price is $1,041.47.

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A: “Since you have asked multiple questions, we will solve the one question for you. If you want any…

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A: Information Provided: Term = 15 years Coupon rate = 10.5% Price = $1000 Duration = 8.1702…

Q: Lifehouse Software has 10 percent coupon bonds on the market with 7 years to maturity. The bonds…

A: In this question we need to compute the current yield on Lifehouse's bonds.