Business

9 September, 01:46

Union Local School District has bonds outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity. The yield to maturity on these bonds is 2.5 percent and the bonds have a par value of $10,000. What is the price of the bonds

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Union Local School District has bonds outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity. The yield ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Steve owns a bike shop. He wants to increase the number of bikes he sells each month, so he knows he needs to acquire more resources.

Beginning inventory at these costs on July 1 was 8,500 units. From July 1 to December 1, Convex produced 21,000 units. These units had a material cost of $10 per unit. The costs for labor and overhead were the same.

a-1. Based on the preceding information, recommend whether to eliminate Division B. a-2. Prepare companywide income statements before and after eliminating Division B. b. During 2017, Division B produced and sold 24,000 units of hand tools.

Is there a comma in the following statement, at the end of this sentence? (Shelly joyfully said)

Suppose the government in this economy decides to decrease government purchases by $250 billion. the decrease in government purchases will lead to a decrease in income, generating an initial change in consumption equal to-$62.5 billion.

New Questions in Business

Which of the following statements is true? (A) A test with a high cost may also be high value. (B) A test with a low cost is always of low value. (C) Cost and value have the same definition. (D) None of the above

Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on that subsidiary's books at the date of acquisition?

Supply-side market failures occur because it is impossible in certain cases for sellers to charge consumers what they are willing to pay for a product. a. True b. False

A fee is paid a. for each overdraft. c. monthly to have overdraft. b. for the first overdraft. d. annually to have overdraft.

With a traditional savings account, you could be charged a fee if: You open an account online You close the account You deposit too much money at once You withdraw money too often