subject
Business, 10.10.2021 14:00 beluvangel418

Chamberlin Co. is trying to issue a 20-year bond to finance a factory expansion. This company already issued a 20-year bond which pays a 6%(per annum) coupon every 6 month and is traded at the market for $1,083. In order for Chamberlin Co. to issue a new bond at par (that is, to sell a new bond for $1,000 face value), what should be the coupon rate?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
question
Business, 22.06.2019 11:50
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
question
Business, 22.06.2019 15:50
Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?
Answers: 1
question
Business, 22.06.2019 19:50
On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock
Answers: 1
You know the right answer?
Chamberlin Co. is trying to issue a 20-year bond to finance a factory expansion. This company alread...
Questions
question
English, 12.12.2020 16:20
question
Mathematics, 12.12.2020 16:20
question
Mathematics, 12.12.2020 16:20
question
Health, 12.12.2020 16:20
question
English, 12.12.2020 16:20
Questions on the website: 13722367