menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
The 8.5 percent annual coupon bonds of Eberly, Inc. are selling for $930.12. The bonds have a face value of $1,000 and mature in 9 years. What is the yield to maturity
asked
Oct 1, 2024
44.7k
views
4
votes
The 8.5 percent annual coupon bonds of Eberly, Inc. are selling for $930.12. The bonds have a face value of $1,000 and mature in 9 years. What is the yield to maturity
Business
high-school
Mneri
asked
by
Mneri
8.1k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
2
Answers
6
votes
To cl
N = 9
I/Y = ?
PV = -930.12
PMT = 85
FV = 1000
Solving for I/Y, we get:
I/Y = 10.00%
Therefore, the yield to maturity is 10.00%.
Gkrizek
answered
Oct 3, 2024
by
Gkrizek
7.9k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
4
votes
The answer is 9.70. 9.70
Takethefake
answered
Oct 8, 2024
by
Takethefake
8.2k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Oct 23, 2024
204k
views
The 7.5 percent annual coupon bonds of Ezery, Inc. are selling for $930.12. The bonds have a face value of $1,000 and mature in 7 years. What is the yield to maturity? A. 4.43 percent B. 8.37 percent C.
Prakhyat
asked
Oct 23, 2024
by
Prakhyat
8.5k
points
Business
high-school
1
answer
4
votes
204k
views
asked
Aug 18, 2024
78.1k
views
Who was the 1st female elected to the position of Illinois FFA President? a. Mindy Elvidge b. Jan Eberly c. Noreen Nelson
Hiren Parghi
asked
Aug 18, 2024
by
Hiren Parghi
7.6k
points
History
high-school
1
answer
2
votes
78.1k
views
asked
Oct 19, 2024
141k
views
What significant achievements were made by Penn State science researchers, and what did Eberly faculty members achieve? A) Gravitational wave detection, atomic visualization B) Space exploration, cancer
Michaelrccurtis
asked
Oct 19, 2024
by
Michaelrccurtis
8.7k
points
Physics
high-school
1
answer
4
votes
141k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org