Zanobia Co.'s bonds currently sell for $1,150. They have a 8% annual coupon rate (but paid semiannually) 30-year maturity, and are callable in 10 years at $1,100. What is the yield to call of the bonds? Select one: O a. 6.64% O b. 4.34% O c. 4.57% O d. 4.12% 4
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- Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.1% on these bonds. What is the bond's price? O a. $1,024.74 O b. $1,116.97 O c. $1,147.71 O d. $1,096.47 O e. $1,280.93Wee Beastie Animal Farm bonds have 7years to maturity and pay an annual coupon at the rate of 6.1%. The face value of the bonds is $1,000. The price of the bonds is $1,078.83 to yield 4.75%.What is the capital gain yield on the bonds? The capital gain yield is: (Select the best choice below.) A. −0.92% B. +1.06% C. −0.98 D. −0.9% E. +1.04%Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 6%, based on semiannual compounding. What is the bond's price? Select the correct answer. a. $1,013.98 b. $1,018.60 c. $1,009.36 d. $1,016.29 e. $1,011.67
- A. Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.7% on these bonds. What is the bond's price? a. $1,215.14 b. $1,155.86 c. $1,047.19 d. $770.58 e. $987.92 B. Which of the following statements is CORRECT? a. IPO prices are generally established by the market, and buyers of the new stock must pay the price that prevails at the close of trading on the day the stock is offered to the public. b. It is possible that the price set in an IPO is so low that investors will want to buy more shares than the company wants to sell. In that case, the company will have to issue more shares than it wants to sell. c. The term "IPO" stands for Introductory Price Offered, and it is the price at which shares of a new company are offered to the public. d. In a "Dutch auction," investors who want to buy shares in an IPO submit bids…Walmart's bonds mature in 7 years, have a face value of $1,000, and make an annual coupon interest payment of $60. The market requires an interest rate of 8% on these bonds. What is the current market price of the bond? OA. $940.29 OB. $885.07 O C. $895.87 O D. $907.54Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.1% on these bonds. What is the bond's price? a. $1,024.74 b. $1,147.71 c. $1,116.97 d. $1,096.47 e. $1,280.93 please type out all of your work
- Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 6.3%. The face value of the bonds is $1,000. The price of the bonds is $1,049.57 to yield 5.43%. What is the capital gain yield on the bonds? The capital gain yield is: (Select the best choice below.) A. +0.61% B. −0.57% C. +0.62% D. −0.63%Morin Company's bonds mature in 8 years, and make an annual coupon interest payment of $65. The market requires a YTM of 6.1% on these bonds. What is the bond's price? A. $1,280.93 B. $1,147.71 C. $1,024.74 D. $1,096.47 E. $1,116.97Miles Corporation's bonds have a 15-year maturity, an 8% semi-annual coupon, and a par value of $1,000. The going interest rate is 5.50%, based on semi-annual compounding. What is the bond's price? Select one: a. $1,253.11 b. $1,200.44 c. $1,295.85 d. $1,211.90
- Rogoff Co.'s 15-year bonds have an annual coupon rate of 9.5%. Each bond has face value of $1,000 and makes semiannual interest payments. If you require an 11% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? Select the correct answer. a. $885.66 b. $891.00 c. $888.33 d. $893.67 e. $882.99Ninja Company's bonds mature in 10 years, have a par value of $1,000, and make an annual coupon interest payment of $70. The market requires an interest rate of 7.5% on these bonds. What is the bond's price? Select one: a. $965.68 b. $918.26 c. $934.77 d. $922.42Dry Seal plans to issue bonds to expand operations. The bonds will have a par value of P1,000, a 10-year maturity, and a coupon interest rate of 9%, paid semiannually. Current market conditions are such that the bonds will be sold to net P937.79. What is the yield-to-maturity of these bonds? Group of answer choices 8% 10% 9% 11%