The Boston Clothing Co. has a $1,000 face value bond outstanding with a market price of $998. The bond pays interest annually, matures in 15 years, and has a yield to maturity of 7.9. percent. What is the coupon rate?
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What is the coupon rate on these financial accounting question?
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- A bond has a $1,000 face value, a market price of $1,115, and pays interest payments of $90 every year. What is the coupon rate?A bond with a face value of $1,000 has 10 years until maturity, has a coupon rate of 5.2%, and sells for $1,105. a. What is the current yield on the bond? (Enter your answer as a percent rounded to 2 decimal places.) b. What is the yield to maturity if interest is paid once a year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) c. What is the yield to maturity if interest is paid semiannually? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.)Blossom Corp is issuing a 10-year bond with a coupon rate of 13 percent. The interest rate for similar bonds is currently 7 percent. Assuming annual payments, what is the value of the bond? Assume face value is $1000. Value of bond? $
- Consider a bond with a principal of $1,000 that pays a coupon of $100 per year. If the bond matures in one year and the current interest rate is i = 3%, what is the price (present value) of the bond? Round to the nearest cent. Answer:As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 18 years, the coupon rate is 6% paid annually, and the market yield (discount rate) is 13%. What should be the estimated value of this bond in one year?Volbeat Corporation has bonds on the market with 12.5 years to maturity, a YTM of 8 percent, and a current price of $980. The bond makes semiannual payments. What is the coupon rate?
- A corporate bond has 16 years to maturity, a face value of $1,000, a coupon rate of 5.1% and pays coupon twice a year. The annual market interest rate for similar bonds is 3%. What is the price of the bond (in $)?A bond with a face value of $1,000 has 16 years until maturity, has a coupon rate of 7.8%, and sells for $1,071. a. What is the current yield on the bond? (Enter your answer as a percent rounded to 2 decimal places.) Current yield % b. What is the yield to maturity if interest is paid once a year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) Yield to maturity % c. What is the yield to maturity if interest is paid semiannually? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) Yield to maturity %Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate? Solve using excel,please show all steps.
- Enterprise, Inc. bonds have a 9 percent annual coupon rate. The interest is paid semiannually and the bond mature in eight years. Their par value is $1,000. If the market’s required yield to maturity on a comparable-risk bond is 8 percent, what is the value of the bond? What is its value if the interest is paid annually? How to calculate this using mathematical calculation with formulas in finance?Springfield Nuclear energy Inc. bond's are currently trading at $1277.96. the bond's have a face value of $1000, a coupon rate of 6.5% with coupons paid annually, and they mature in 15 years. What is the yield to maturity of the bonds?What is the price today of a Beatifull Corp. bond? The bond matures in 20 years, has a coupon rate of 9%, and has, today, a yield to maturity (YTM) of 8%. The bond has semiannual coupon payments and a par value of $1,000.