Question: An outstanding bond with a face value of $1,000 that a corporation issued some years ago presently sells with a discount of $154. The bond pays an annual coupon of 6%. What is the bond's current yield to the nearest percent? ______%
A bond with $1,000 face value presently sells for a market price of $832. It pays a coupon annually that is $68 The bond matures in 9 years. What is the bond's current yield? _____% Give your answer in percentage terms to one decimal place accuracy.
Suppose the required rate of return on a stock is 9%, the risk-free rate of return is 3% and the required rate of return on an average stock, the return on the market is 11%. Beta for the stock to one decimal accuracy is .
An investment company has $7,000 in a stock with a beta of 1.3, another $4,000 in a stock with a beta of 1.0 and $8,000 in a stock with a beta of 1.1. Given these three exclusive investments in its portfolio, the portfolio beta to one decimal place of accuracy is .