Our firm is issuing 95 million in straight bonds at par


Our firm is issuing 95 million in straight bonds at par with a coupon rat eof 5.5% and paying atotal fees of 2.5%. What is the net amount of funds that the debt will provide for your firm? The issuing fees are 2,375,000.

What are the total proceeds from the issuance? (round to the nearest dollar)

14-4 Boeing Corp had just issuded a callable (at par) three year, 4.5% coupon bond with semiannual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $98.50.

a) What is the bonds's yield to maturity? (enter as % rounded two decimal places)
b) What is its yield to call? (enter as % rounded two decimal places)
c) What is its yield to worst? (enter as % rounded two decimal places)

 

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Finance Basics: Our firm is issuing 95 million in straight bonds at par
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