Question
A $10,000 U.S. Government bond has a 7 percent coupon which pays annually and matures in 6 years. If interest rates are 8 percent for
A $10,000 U.S. Government bond has a 7 percent coupon which pays annually and matures in 6 years. If interest rates are 8 percent for similar bonds, what should be the price for this bond?
Mark purchased a $1,000 par value bond. The bond has coupon rate of 6%, paid annually, andmatures in 3 years. If Mark paid $950 to purchase the bond, what is the yield to maturity?
Given the following XYZ Inc. bond information: $1,000 par value, maturity in June 15, 2025, semi- annual coupon 2.50 percent, price 990 and yield 7.4 percent. How much interest does it pay annually?
Bird Kingdom has 52 million shares outstanding, with a current share price of $7.06 per share. If the firm's book value of equity is $110 million, what is its market-to-book ratio?Animal Kingdom has 52 million shares outstanding, with a current share price of $7.06 per share. If the firm's market-to-book ratio is 7.85, what is the firm's book value of equity?
A firm has EBIT of $35 million, interest expense of $5 million, and pays taxes of $4 million. If the firm has 10 million shares outstanding, what is the firm's EPS?A firm has $10 million in cash, $3 million in accounts receivable, and inventory of $6 million. The firm's accounts payable is $5 million and the firm has no short-term debt. What is the firm's current ratio?
A firm has $10 million in cash, $3 million in accounts receivable, and inventory of $6 million. The firm's accounts payable is $5 million and the firm has no short-term debt. What is the firm's quick ratio?
An IPO is offered at $8.25 per share for 500,000 shares. The IPO underwriters had a spread of 8.5%. What price did the underwriters pay per share?
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