A zero coupon bond:
Rahul is scheduled to receive annual payments of $3,600 for…
Rahul is scheduled to receive annual payments of $3,600 for each of the next 12 years. The discount rate is 8 percent. What is the difference in the present value if these payments are paid at the beginning of each year rather than at the end of each year?
A company has net working capital of $1,726. If all its curr…
A company has net working capital of $1,726. If all its current assets were liquidated, the company would receive $5,663. What are the company’s current liabilities?
Crossfade Corporation has a bond with apar value of $2,000 t…
Crossfade Corporation has a bond with apar value of $2,000 that sells for $1,877.04. The bond has a coupon rate of 6.45 percent and matures in 11 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Treasury bonds are:
Treasury bonds are:
There is a bond that has a quoted price of 98.137 and a par…
There is a bond that has a quoted price of 98.137 and a par value of $2,000. The coupon rate is 7.14 percent and the bond matures in 16 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Hoodoo Voodoo Company has total assets of $64,500, net worki…
Hoodoo Voodoo Company has total assets of $64,500, net working capital of $19,450, owners’ equity of $31,610, and long-term debt of $22,090. What is the company’s current assets?
Western Bank offers you a $12,000, 6-year term loan at 7 per…
Western Bank offers you a $12,000, 6-year term loan at 7 percent annual interest. What is the amount of your annual loan payment?
A six-year, $1,000 face value bond issued by Nguyen Corporat…
A six-year, $1,000 face value bond issued by Nguyen Corporation pays interest semiannually on February 1 and August 1. Assume today is October 1. What is the current difference, if any, between this bond’s clean and dirty prices?
AB Builders, Incorporated, has 21-year bonds outstanding wit…
AB Builders, Incorporated, has 21-year bonds outstanding with a par value of $2,000 and a quoted price of 105.502. The bonds pay interest semiannually and have a yield to maturity of 6.71 percent. What is the coupon rate?