A bond has a $1,000 par value, nine years to maturity, and pays a coupon of 5.25% per year, semiannually. The bond is callable in three years at 115% of its par value. If the bond’s yield to maturity is 5.32% per year, what is its yield to call?
Please show work. Or explain how to get answer through the calculator.


A) 9.08%


B) 9.24%


C) 9.86%


D) 9.62%


E) 8.96%

Answers

Answer 1

Answer:

C) 9.86%

Step-by-step explanation:

Given that:

Par value of the bond = $1000

Coupon rate = 5.25%

Years of maturity = 9

years to call = 3

price to call = 115% *  1000 = 1150

YTM of the bond = 0.0532

Using Excel formula:

The current price of the bond = P-V(0.0532/2, 9*2, 0.0525*1000/2, 1000)

= $995.04

The yield to call = 2 * RATE( 3*2, 0.0525*1000/2, 995.04, 1150)

The yield to calll = 9.86%


Related Questions

erica planted 8 cucumber plants each plant had 37 green cucumbers how many cucumbers are on the 8 plants altogether ​

Answers

Answer:

296 Cucumbers

Step-by-step explanation:

I think it maybe 296 because since each plant produced 37 cucumbers and there are 8 plants you have to do 37 x 8 and you get 296.

Answer: 296

If you multiply the 37 green cucumbers each by the 8 cucumber plants they grew from, you'd end up with 296 green cucumbers altogether.

Need an answer:

Graph g(x)=5|x-6|+2

Answers

your minimum is at (6,2)
your vertical intercept is at (0,32)
your domain: (-infinity, infinity)
your range: [2, infinity)

Find the number that makes the ratio equivalent to 12:1.
?:6

Answers

Right side was multiplied by 6 so you multiply the left side by 6 so 72:6

what is 8 2/10 minus 4 1/3

Answers

Answer:

Convert the mixed numbers to improper fractions, then find the LCD and combine.

Exact Form:

58 /15

Decimal Form:

3.8 6

Mixed Number Form:

3  13 /15

Step-by-step explanation:

Rewriting our equation with parts separated
=8+21−4−13
=
8
+
2
1

4

1
3
Solving the whole number parts
8−4=4
8

4
=
4
Solving the fraction parts
21−13=?
2
1

1
3
=
?
Find the LCD of 2/1 and 1/3 and rewrite to solve with the equivalent fractions.
LCD = 3
63−13=53
6
3

1
3
=
5
3
Simplifying the fraction part, 5/3,
53=123
5
3
=
1
2
3
Combining the whole and fraction parts
4+1+23=523
The answer is 5 2/3

Write the equation of the line passing through the points (-4, 5) and (4, 1).

Answers

9514 1404 393

Answer:

  y = -1/2x + 3

Step-by-step explanation:

It can work to start with the 2-point form of the equation for a line.

  y = (y2 -y1)/(x2 -x1)(x -x1) +y1

  y = (1 -5)/(4 -(-4))(x -(-4)) +5 . . . . . fill in point values

  y = -4/8(x +4) +5 . . . . . . . . simplify a bit

  y = -1/2x -2 +5 . . . . . .eliminate parentheses

  y = -1/2x +3 . . . . collect terms

I know how to do this but I am too lazy to do this . soooo plx you guys fo it .​

Answers

There Nothing there

Answer:

Lol what do I do?

Step-by-step explanation:

12345678910

9. Rob usa el cálculo mental para resolver 90 – 30.
Dice que 9 decenas menos 3 decenas son
6 decenas, o 60. ¿Esto es verdadero o falso?
Encierra tu respuesta en un círculo.

Verdadero

o

Falso

Answers

Versadero. Espanōl eeee

16) What is the probability of guessing
the correct answer to a multiple
choice question if there are 5
choices?

Answers

20% because it’s 100/5 and you get 20%

Answer:

wrong

Step-by-step explanation:

go to my crib and eat his pickles

There is 3/4 of an apple pie left from dinner, Tomorrow, Victor plans to eat 1/4 of the pie that was left. Enter how much of the whole pie he will eat tomorrow.

Answers

Answer:

2/4??..

Step-by-step explanation:

Please don't really use this answer because it is random

22
Which point on the coordinate plane below is (-9, 3)?




Point D


Point C


Point B


Point A

Answers

Answer:B

Step-by-step explanation: x is -9 and y is 3

Since it’s negative you’d go left by 9 blocks and the y is positive so you go up 3

Answer:

The answer is point B

Step-by-step explanation:

I know this because (-9, 3) seems to be located in quadrant 2 because in quadrant 2 along the x-axis it is negative and along the y-axis it is positive. So, when l look in quadrant 2 there seems to be only one point, point B, which if you look at it is 9 units to the left and 3 units upward.

Order the following set of numbers from least to greatest.
0.09, 1%, 11%,
1/8

Answers

1/8=0.125 1%=0.01 11%=0.11
1%, 0.09, 11%, 1/8
Answer: 0.09,1%,1/8,11%
Explanation: this is College math pshh

THE MARKED PRICE OF A BOOK IS ₹225 THE PUBILSHER ALLOWS DISCOUNT ₹ 10PERSENT UNIT FIND THE SELLING PROFIT​

Answers

255-10

245 skaisusjxl ksusus

Marked price=Rs. 225
Discount=10%
=
100
10

×225=22.5Rs.
S.P.=M.P.−Discount
=Rs. (225−22.5)
=Rs. 202.5.

Find a description this equation represents. Of the numbers 1, 2, 3, 4, and 5, which are solutions to the equation? 3x-7=5

Answers

Answer:

x=4

Step-by-step explanation:

URGENT HELP!!! PLEASE!!!

Answers

green 1 red 5 black -2 blue 1
Green 1 red 5 black -2 blue 1

p+12=17 what does p equal in this situation ​

Answers

Answer:

5

Step-by-step explanation:

5+12= 17

Equation/Question:

P+12=17 What does P equal in this situation?

Answer/Steps to answer:

1. Subtract 12 from both sides.

p=17-12

2. Simplify  17-12 to  5.

p=5

-------------------

Checking:

P+12=17

1. Let p=5.

5+12=17

2. Simplify  5+12 to 17.

17=17

Done by NeighborhoodDealer

Please help with math

Answers

Answer:

36-(16)+7= 36-16+7=27 hope it helps

Corrected by lenaelathbash

Answer:

27

Step-by-step explanation:

6² = 6 x 6 = 36

36 - ( 8 - 4 ) ² + 7

36 - ( 4 ) ² + 7

36 - 16 + 7

20 + 7

27

Hope this helps! :)

pleaseeee help meee i dont understand

Answers

-(5y) - y = 18
-6y = 18
y = -3
x = 5(-3)
x = -15
(-15, -3)

5x + 4(-7x - 3) = -35
5x -28x -12 = -35
-23x = -23
x = 1
y = -7(1) - 3
y = -10
(1,-10)

1/3 x 3/5 help me- like I can’t

Answers

Answer:

0.2

or

2/10

Step-by-step explanation:

Find the
X.
х
48
55
x = [?]

Answers

Answer2x^2

Step-by-step explanation:

Fill in the blank.

In a parallelogram, diagonals ____.

a. are perpendicular
b. are congruent
c. bisect each other
d. are parallel

Answers

Answer:

c. bisect each other

Step-by-step explanation:

In a parallelogram, diagonals bisect each other.

Answer:

C. Bisect each other

Step-by-step explanation:

A parallelogram is a quadrilateral whose opposite sides are parallel. The opposite angles of a parallelogram are equal. The opposite sides of a parallelogram are equal. The diagonals of a parallelogram bisect each other.

la potencia de un motor Mercedes Benz es de 120 Hp,(1Hp= 746 w) ¿ que fuerza realiza el motor para que el auto alcance una velocidad de 30m/s.


prrr favor ayudame​

Answers

Answer:

3627181992838(1331)323-242_4224$78

Goran is participating in a 6-day cross-country biking challenge. He biked for 51, 65, 62, 46, and 62 miles on the first five
days. How many miles does he need to bike on the last day so that his average (mean) is 56 miles per day?

Answers

Answer:

i dont understand?

Step-by-step explanation:

Given the triangle below, what is m

Answers

the answer is 80.6 :):):):):)

Please solve, will mark brainliest

Answers

Answer:

6; 3

That is the answer

Simplify 9р – 2р +р

Answers

Answer:

8P

Step-by-step explanation:

Answer:

8p

Step-by-step explanation:

9р – 2р +р

7p+p

8p

In ΔQRS, RS = 16, SQ = 9, and QR = 15. Which list has the angles of ΔQRS in order from smallest to largest?

Answers

Answer:

[tex] \angle R < \angle S < \angle Q[/tex]

Step-by-step explanation:

In ΔQRS, RS = 16, SQ = 9, and QR = 15.

From above info it is obvious that:

SQ < QR < RS

In a triangle, angle opposite to smallest side is smallest and angle opposite to largest side is largest.

Therefore,

[tex] \angle R < \angle S < \angle Q[/tex]

Jessica is selling books during the summer to earn money for college. She
earns a commission on
each sale but has to pay for her own expenses.
After a month of driving from neighborhood to neighborhood and walking
door-to-door, she figures out that her weekly earnings are approximately a
linear function of the number of doors she knocks on.
She writes the equation of the function like this: E(X) = 10x - 30, where x is the
number of doors she knocks on during the week and E(x) is her earnings for
the week in dollars.
Which of the following are reasonable interpretations of the y-intercept of
Jessica's function?
Check all that apply.
A. She can earn $10 per week even if she does not knock on any
doors.
B. She will lose $10 per week if she does not knock on any doors.
C. If she does not knock on any doors at all during the week, she will
lose $30.
D. Her expenses are $30 per week.

Answers

It’s c I just took the test and got a hundred

How do percents show the relationship between quantities? ​

Answers

Answer: Decide whether two quantities are in a proportional relationship, by testing for equivalent ratios in a table or graphing on a coordinate plane and observing whether the graph is a straight line through the origin . Use proportional relationships to solve multistep ratio and percent problems.

Step-by-step explanation:

PLZ HLP The figures are similar. Find x.

Answers

Answer:

if it is similar it would be 19

Step-by-step explanation:

Answer= 18
Explanation: they have a common factor of 3 3•3=9
3•7=21

3•2=6
3•6=18


Last year, there were 217 pies baked for the bake sale. This year, there were d pies baked. Using d, write an expression for the total number of pies
baked in the two years.

Answers

217+d is the answer _________
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