bettinger5408 bettinger5408

10-03-2021
Business

contestada

FSU's bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have a coupon rate of 6.5 percent. What is the current yield on these bonds?

Respuesta :

andromache andromache

12-03-2021

Answer:

the current yield is 7.49%

Explanation:

The computation of the current yield on the bond is shown below:

The current yield is

= Annual coupon payments ÷ Bond price

= ($1,000 ×6.5) ÷ $867.25

= $65 ÷ $867.25

Hence, the current yield is 7.49%

Answer Link

Otras preguntas

Identify the complete adverb clause. If I were you, I'd take word processing this year.

During the Second Industrial Revolution, which building material became one of the most important in the world?

When is the universal theme of a story often revealed? a. at the resolution of the story, when the reader can see how the story ends b. in the middle of the s

A store sells notebooks for $3 each and does not charge sales tax. If x represents the number of notebooks Adele buys and y represents the total cost of the not

According to John Locke, the "natural rights" are separation of powers will of the majority and power social contracts and voting life, liberty, and property

Triangle ABC is congruent to triangle XYZ. Angel A measures 50 degrees. Angle B measures (2x+40) and angle Y (4x+8). Find the value of x. How do I set this up p

Solve 4(x + 1) = 4x + 4. Would it be No solution? Or all real numbers?

. In England, people associate the acceptance of their Bill of Rights with the reign of?

Give the values of a, b, and c from the general form of the equation (2x + 1)(x - 2) = 0.

Identify the sentence that is not in logical order. a. In these early days of surfing, participating in the sport could determine one's social class. b. The c