Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of $ and pays a dividend of % per year, compounded semi-annually. Bill bought the bond years ago at face value and there are years remaining until the bond matures. Bill wishes to sell it now for a price that will result in Bill earning an annual yield of % compounded semi-annually. What price does Bill need to sell the bond for to earn his desired return? The selling price of the bond should be $ nothing. (Round to the nearest dollar.)
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 11:00, risolatziyovudd
%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
Answers: 1
Business, 22.06.2019 11:10, nataliahenderso
Which feature is a characteristic of a corporation?
Answers: 1
Business, 22.06.2019 15:10, GreenHerbz206
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
Business, 22.06.2019 21:30, dondre54
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
Do you know the correct answer?
Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of...
Questions in other subjects:
Mathematics, 16.07.2019 02:30
History, 16.07.2019 02:30
Business, 16.07.2019 02:30
