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BARSIC [14]
3 years ago
10

McConnell Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.3 percent, a par value of $1,000, and a cu

rrent price of $1,057. The bonds make semiannual payments. What must the coupon rate be on these bonds?
Business
1 answer:
Alex777 [14]3 years ago
8 0

Answer:

Coupon rate will be 3.08%

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A bond that pays interest annually yields a rate of return of 7.50 percent. The inflation rate for the same period is 2 percent.
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Answer:

5.39%

Explanation:

Given that,

Bond that pays interest annually yields a rate of return = 7.50 percent

Inflation rate for the same period = 2 percent

Real rate = [(1 + nominal rate) ÷ (1 + inflation rate)] - 1

Real rate = [(1 + 0.0750) ÷ (1 + 0.02)] - 1

               = (1.075 ÷ 1.02) - 1

               = 1.0539 - 1

               = 0.0539 or 5.39%

Therefore, the real rate of return on this bond is 5.39%.

7 0
3 years ago
If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this
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If the driver were to get into a crash or accident that was not their fault
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butalik [34]

Answer:

obstacle course

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An obstacle course helps your mind to focus on your project or activities and gets your thought process going.

5 0
3 years ago
CHEGG On November 1, 2021, Ivanhoe Company places a new asset into service. The cost of the asset is $70000 with an estimated 10
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Answer:

The answer is "6,000".

Explanation:

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7 0
2 years ago
Gabriel applies for a home loan and, mark signs the agreement promising to pay off the debt in case gabriel fails to do so. in t
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The answer is letter a, cosigner. Mark is a cosigner is someone who is in charged of the other person's debt when that person he's in signed with wasn't able to meet the requirements or fail to pay or comply. That is why Mark is considered to be a cosigner of Gabriel if Gabriel fails to comply to pay the loan and Mark is in charged to settle it if Gabriel fails to do so.
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