Business, 01.11.2019 06:31 fgcherubin

Assume hawaiian electric has a $1,000 par value bond outstanding that pays 9% annual interest (also, referred to as the coupon rate). if the current yield (also, referred as the market rate) to maturity on this bond is 12%, what is the price of the bond today if the time to maturity is 30 years? does the price of the bond rise or fall if the time to maturity is 15 years? what is the exact price difference between the 30 year and 15 year bonds? explain the reason(s) for the change in price between the two maturities.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:20

In terms of precent, beer has more alcohol than whiskey true or false

Answers: 1

Answer

Business, 22.06.2019 12:50

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Answers: 3

Answer

Business, 22.06.2019 18:30

Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.

Answers: 3

Answer

Business, 22.06.2019 19:00

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Answers: 2

Answer

You know the right answer?

Assume hawaiian electric has a $1,000 par value bond outstanding that pays 9% annual interest (also,...

Questions