Solved: It has an annual coupon rate of 1447 percent paid, Finance Basics

+44 141 628 6080
[email protected]

It has an annual coupon rate of 1447 percent paid

Fresh fruit Inc has a $1000 par value bond that is currently selling for $1338. It has an annual coupon rate of 14.47 percent paid semiannually, and has 5-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?

Round the answer to two decimal places in percentage form

Solution Preview :

Prepared by a verified Expert

Finance Basics: It has an annual coupon rate of 1447 percent paid

Reference No:- TGS02216510

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Identify risk factors that impact victims of violence

Question: Identify risk factors that impact victims of violence from a holistic perspective, including each of the following:

Will hunting mockery and internal refusal to therapy

Reflect on Will Hunting mockery and internal refusal to therapy with Dr. Shawn Maguire. In your reflections and based on what you know about his life

What be the most useful invention of humanity

Question: Why might it be most reasonable to state that groups may be the most useful invention of humanity?

Discuss life events that affect friendship vary throughout

Life events that affect friendship vary throughout our lives. Some big events are adolescents, marriage, transitioning into parenthood

Ways that stress might impact development of nervous system

Lupien and her colleagues published a review article in 2009 in which they summarized the ways that stress might impact development of the nervous system.

Overwhelmed by feelings of intense and painful emotions

Henrietta reports that she is often overwhelmed by feelings of intense, painful emotions but that other times she feels numb and empty.

Do individuals with gad have a decrease in anxiety symptoms

Do individuals with GAD have a decrease in anxiety symptoms, an improvement in functioning, and an improvement in quality of life

Solution Preview :

Prepared by a verified Expert

Finance Basics: It has an annual coupon rate of 1447 percent paid

Reference No:- TGS02216510

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Companys dividends are expected to grow at an annual rate

Q : How many randomly selected employers must we contact in

Q : The bonds have a 1117 percent coupon rate and pay interest

Q : A 1200 safe is 19 above a heavy duty spring when the rope

Q : It has an annual coupon rate of 1447 percent paid

Q : In general does a firm wish to speed up or slow down

Q : Suppose we want to cut the margin of error to 4 whats the

Q : When a firm engages in socially responsible activities with

Q : Celtic inc has a bond with an 11 apr semi-annual coupon and