subject
Business, 24.04.2020 19:47 ItzNayaa

Maxcorp’s bonds sell for $1,152.98. The bond life is 9 years, and the yield to maturity is 8.5%. What is the coupon rate on the bonds? (Assume a face value of $1,000 and annual coupon payments.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)'

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 13:50
Time value an iowa state savings bond can be converted to $750 at maturity 5 years from purchase. if the state bonds are to be competitive with u.s. savings bonds, which pay 5% annual interest (compounded annually), at what price must the state sell its bonds? assume no cash payments on savings bonds prior to redemption. ignore taxes.
Answers: 3
question
Business, 22.06.2019 00:30
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
Answers: 3
question
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
question
Business, 22.06.2019 19:00
Why is accountability important in managing safety
Answers: 2
You know the right answer?
Maxcorp’s bonds sell for $1,152.98. The bond life is 9 years, and the yield to maturity is 8.5%. Wha...
Questions
question
Chemistry, 23.11.2021 01:00
question
Mathematics, 23.11.2021 01:00
question
Mathematics, 23.11.2021 01:00