Accrued interest and yield to maturity of bond, Finance Basics

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Accrued interest and yield to maturity of bond

On February 26, 2001 an 8.2% Duke Energy Corp. bond maturing January 15, 2007 is priced at 103.790 per face value (this price does not include the accrued interest). The bond was originally issued in 1992. The bond pays interest semiannually, on January 15th and July 15th of each year. Compute the accrued interest and the yield to maturity of the bond.

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Finance Basics: Accrued interest and yield to maturity of bond

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Finance Basics: Accrued interest and yield to maturity of bond

Reference No:- TGS057196

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Determine the balances-cost of goods sold

Q : Calculation the ebitda coverage ratio

Q : How much direct materials cost

Q : Amortized using the straight-line method

Q : Accrued interest and yield to maturity of bond

Q : Required return on the investment

Q : Debit balance in the investment

Q : Productivity important for a nation

Q : Ability to significantly influence the operations

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Accrued interest and yield to maturity of bond

Reference No:- TGS057196

Recent Questions Asked Finance Basics

Q : Determine the balances-cost of goods sold

Q : Calculation the ebitda coverage ratio

Q : How much direct materials cost

Q : Amortized using the straight-line method

Q : Accrued interest and yield to maturity of bond

Q : Required return on the investment

Q : Debit balance in the investment

Q : Productivity important for a nation

Q : Ability to significantly influence the operations

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