Btr co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. the bonds have a par value of $1000.00, and their current market price is $1130.35. however, btr co. may call the bonds in eight years at a call price of $1060.00.

a. what are the yield to maturity ytm and yield to call tyc on btr co.’s bond’s?

b. if interest rates are expected to remain constant, what is the best estimate of the remaining life left for btr co.’s bonds?

c. if btr co. issued new bonds today, what coupon rate must the bonds have to be issued at par?

In terms of precent, beer has more alcohol than whiskey true or false

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:

Look at this section of the 1040ez form. will this individual receive a refund? yes no