subject
Business, 16.03.2020 17:03 kitkatyr4992

Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to maturity? $1,113.48 $1,142.03 $1,171.32 $1,201.35 $1,232.15

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:50
Calvin works at a facility which processes apples. it costs the facility $0.68 to make either a jar of applesauce or a bottle of apple juice. due to the nature of the process and contractual agreements, calvin's facility must make and sell three jars of applesauce for every two bottles of apple juice. a jar of applesauce sells for $2.20, and a bottle of apple juice sells for $3.15. if the facility has annual overhead costs of $368,500, not including production costs, how many bottles of apple juice will the facility have sold when it breaks even every year? round to the nearest whole bottle, if necessary.
Answers: 3
question
Business, 22.06.2019 12:20
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
question
Business, 22.06.2019 17:20
Arecession is defined as a period in which
Answers: 1
You know the right answer?
Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of...
Questions
question
Social Studies, 08.09.2020 21:01
question
Mathematics, 08.09.2020 21:01
question
Biology, 08.09.2020 21:01
Questions on the website: 13722361