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Consider a bond with a coupon rate of 4%, face value of $1,000, term to maturity of 7 years, and yield to maturity of 6%.
Consider a bond with a coupon rate of 4%, face value of $1,000, term to maturity of 7 years, and yield to maturity of 6%. Without doing any calculations, which of the price and duration pairings below can be true for this bond? Price =$910,MacD=9.1 years Price =$1,110,MacD=7 years Price =$1,110,MacD=6.8 years Price =$910,MacD=6.8 years Price =$910,MacD=7 years Consider a company which had revenues of $48 million over the last twelve months. Depreciation and amortization expenses were $9 million. Operating margin was 30.3%. It has $31 million of debt, $8 million in cash, and 13 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 10. How much is each share worth using relative valuation? Round to one decimal place
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