subject
Business, 25.08.2021 01:00 domp40

Preston Corporation has a bond outstanding with an annual interest payment of $70, a market price of $1,240, and a maturity date in 10 years. Assume the par value of the bond is $1,000. Find the following: (Use the approximation formula to compute the approximate yield to maturity and use the calculator method to compute the exact yield to maturity. Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)
a. Coupon rate %
b. Current yield %
c-1. Approximate yield to maturity %
c-2. Exact yield to maturity %

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:30
Employees who are paid to complete a task, such as build a house, are paid on a(n) basis
Answers: 1
question
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
question
Business, 22.06.2019 19:20
The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.
Answers: 2
question
Business, 22.06.2019 23:00
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
You know the right answer?
Preston Corporation has a bond outstanding with an annual interest payment of $70, a market price of...
Questions
question
Mathematics, 12.08.2020 08:01
Questions on the website: 13722363