A $1,000 face value, 6.4% coupon bond pays interest semi-annually and matures in ten years. It has a yield-to-maturity of 7.1325%. The bond's price is closest to $920 $1,203 $1,061 $948 2. Pilgrim Corp. stock currently sells for $25 per share? The annual dividend payment is $1.00 per share and earnings per share are $3.00. What is the dividend payout ratio?
Debenture Valuation
A debenture is a private and long-term debt instrument issued by financial, non-financial institutions, governments, or corporations. A debenture is classified as a type of bond, where the instrument carries a fixed rate of interest, commonly known as the ‘coupon rate.’ Debentures are documented in an indenture, clearly specifying the type of debenture, the rate and method of interest computation, and maturity date.
Note Valuation
It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like:
A $1,000 face value, 6.4% coupon bond pays interest semi-annually and matures in ten years. It has a yield-to-maturity of 7.1325%. The
Trending now
This is a popular solution!
Learn your way
Includes step-by-step video
Step by step
Solved in 2 steps with 3 images