Ezzell Enterprises' non-callable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a par value of $1,000. What is their yield to maturity? a. 6.20% b. 6.53% c. 6.87% d. 7.24% e. 7.62%
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- On January 1, 2018, Wawatosa Inc. issued 5-year bonds with a face value of $200,000 and a stated interest rate of 12% payable semi-annually on July 1 and January 1. The bonds were sold to yield 10%. Assuming the bonds were sold at 107.732, what is the selling price of the bonds? Were they issued at a discount or a premium?Krystian Inc. issued 10-year bonds with a face value of $100,000 and a stated rate of 4% when the market rate was 6%. Interest was paid semi-annually. Calculate and explain the timing of the cash flows the purchaser of the bonds (the investor) will receive throughout the bond term. Would an investor be willing to pay more or less than face value for this bond?OShea Inc. issued bonds at a face value of $100,000, a rate of 6%, and a 5-year term for $98,000. From this information, we know that the market rate of interest was ________. A. more than 6% B. less than 6% C. equal to 6% D. cannot be determined from the information given.
- Gingko Inc. issued bonds with a face value of $100,000, a rate of 7%, and a 10-yearterm for $103,000. From this information, we know that the market rate of interest was ________. A. more than 7% B. less than 7% C. equal to 7% D. equal to 1.3%Charleston Inc. issued $200,000 bonds with a stated rate of 10%. The bonds had a 10-year maturity date. Interest is to be paid semi-annually and the market rate of interest is 8%. If the bonds sold at 113.55, what amount was received upon issuance?Orca Industries' 5.75% bonds currently sell for $1,370.54. They mature in 24 years and have a par value of $1,000. If these bonds pay interest semiannually, what is the yield to maturity? 3.78% 3.95% 3.01% 3.67% 3.46%
- Ofir just issued 9.2% 12-year bonds. Find the YTM if these bonds make semiannual payments and are currently selling for 104% of par value. Specify the answer as 'X.XX%' 10.30% 4.29% 8.59% 9.45% 7.73%Falwell Motors is issuing 20-year, 4.5% callable bonds. These bonds are callable in 6 years with a call premium of $42.50. The bonds are being issued at par and pay interest semiannually. What is the yield to call? Multiple Choice 4.95% 5.11% 5.25% 8.12% 9.05%Assume that Bunch Inc. has an issue of 18 -year $1,000 par value bonds that pay 7% interest, annually. Further assume that today's required rate of return on these bonds is 5%. How much would these bonds sell for today? Round off to the nearest $1. Select one:$1,201.32$1,233.79$1,032.56$1,134.88
- Stingray Corporation's 5.1% bonds have a par value of $1,000 and pay interest semi-annually. If the bonds mature in 29 years and have a yield to maturity of 4.4%, how much should they sell for? Question 3 options: $1,114.06 $1,147.48 $1,024.94 $1,047.22GadubhaiA company issued 6%, 15-year bonds with a face amount of $75 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to nearest whole dollar.) X Answer is complete but not entirely correct. Table values are based on: Cash Flow Interest Principal n = i = Price of bonds $ $ 30 3.0% Amount ›› Present Value 2 × $ 75 X $ 44 X 31 X 75