{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-13T00:05:10-04:00", "answer_date": "2024-09-13 00:05:10", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10521647", "url": "\/study-help\/questions\/harrimon-industries-bonds-have-4-years-left-to-maturity-interest-10521647", "question_creation_date_js": "2024-09-13T00:05:10-04:00", "question_creation_date": "Sep 13, 2024 12:05 AM", "meta_title": "[Solved] Harrimon Industries bonds have 4 years le | SolutionInn", "meta_description": "Answer of - Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $ 1 , 0 0 0 p | SolutionInn", "meta_keywords": "harrimon,industries,bonds,4,years,left,maturity,interest,paid,annually,$,1", "question_title_h1": "Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $ 1 , 0 0 0 par", "question_title": "Harrimon Industries bonds have 4 years left to maturity. Interest is paid", "question_title_for_js_snippet": "Harrimon Industries bonds have 4 years left to maturity Interest is paid annually, and the bonds have a $ 1 , 0 0 0 par value and a coupon rate of 8 Harrimon Industries bonds have 4 years left to maturity Interest is paid annually, and the bonds have a $ 1 , 0 0 0 par value and a coupon rate of 8 a What is the yield to maturity at a current market price of $ 8 2 3 Round your answer to two decimal places $ 1 , 1 0 3 Round your answer to two decimal places b Would you pay $ 8 2 3 for each bond if you thought that a fair market interest rate for such bonds was 1 3 that is , if r d 1 3 I You would buy the bond as long as the yield to maturity at this price equals your required rate of return II You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return III You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond IV You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return V You would buy the bond as long as the yield to maturity at this price is less than your required rate of return What is the yield to maturity at a current market price of $ 8 2 3 Round your answer to two decimal places $ 1 , 1 0 3 Round your answer to two decimal places Would you pay $ 8 2 3 for each bond if you thought that a fair market interest rate for such bonds was 1 3 that is , if rd 1 3 You would buy the bond as long as the yield to maturity at this price equals your required rate of return You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return You would buy the bond as long as the yield to maturity at this price is less than your required rate of return Select ", "question_description": "
Harrimon Industries bonds have <\/span>4<\/mn><\/mrow><\/math> years left to maturity. Interest is paid annually, and the bonds have a $<\/span>1<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> par value and a coupon rate of <\/span>8<\/mn>%<\/mo>.<\/mo><\/mrow><\/math>Harrimon Industries bonds have <\/span>4<\/mn><\/mrow><\/math> years left to maturity. Interest is paid annually, and the bonds have a $<\/span>1<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> par value and a coupon rate of <\/span>8<\/mn>%<\/mo>.<\/mo><\/mrow><\/math> <\/div>
a<\/span>.<\/mo><\/mrow><\/math> What is the yield to maturity at a current market price of<\/span> <\/div>
$<\/span>8<\/mn>2<\/mn>3<\/mn>?<\/mo><\/mrow><\/math> Round your answer to two decimal places.<\/span> <\/div>
%<\/mo><\/mrow><\/math><\/div>
$<\/span>1<\/mn>,<\/mo>1<\/mn>0<\/mn>3<\/mn><\/mtext>?<\/mo><\/mrow><\/math> Round your answer to two decimal places.<\/span> <\/div>
<\/span><\/mi><\/mtext>%<\/mo><\/mrow><\/math> <\/div>
b<\/span>.<\/mo><\/mrow><\/math> Would you pay $<\/span>8<\/mn>2<\/mn>3<\/mn><\/mrow><\/math> for each bond if you thought that a \"fair\" market interest rate for such bonds was <\/span>1<\/mn>3<\/mn>%<\/mo>-<\/mo><\/mrow><\/math>that is<\/span>,<\/mo><\/mrow><\/math> if <\/span>r<\/mi>d<\/mi>=<\/mo>1<\/mn>3<\/mn>%<\/mo><\/mtext>?<\/mo><\/mrow><\/math> <\/div>
I. You would buy the bond as long as the yield to maturity at this price equals your required rate of return.<\/span><\/div>
II<\/span>.<\/mo><\/mrow><\/math> You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return.<\/span> <\/div>
III. You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond.<\/span><\/div>
IV<\/span>.<\/mo><\/mrow><\/math> You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return.<\/span> <\/div>
V<\/span>.<\/mo><\/mrow><\/math> You would buy the bond as long as the yield to maturity at this price is less than your required rate of return.<\/span> <\/div>
<\/div>
What is the yield to maturity at a current market price of<\/span><\/div>
$<\/span>8<\/mn>2<\/mn>3<\/mn>?<\/mo><\/mrow><\/math> Round your answer to two decimal places.<\/span> <\/div>
<\/span><\/div>
<\/span>%<\/mo><\/mrow><\/math> <\/div>
<\/div>
$<\/span>1<\/mn>,<\/mo>1<\/mn>0<\/mn>3<\/mn>?<\/mo><\/mrow><\/math> Round your answer to two decimal places.<\/span> <\/div>
<\/span><\/div>
<\/span>%<\/mo><\/mrow><\/math> <\/div>
<\/div>
Would you pay $<\/span>8<\/mn>2<\/mn>3<\/mn><\/mrow><\/math> for each bond if you thought that a \"fair\" market interest rate for such bonds was <\/span>1<\/mn>3<\/mn>%<\/mo><\/mi><\/mrow><\/math>that is<\/span>,<\/mo><\/mrow><\/math> if rd <\/span>=<\/mo><\/mtext>1<\/mn>3<\/mn>%<\/mo>?<\/mo><\/mrow><\/math> <\/div>
You would buy the bond as long as the yield to maturity at this price equals your required rate of return.<\/span><\/div>
You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return.<\/span><\/div>
You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond.<\/span><\/div>
You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return.<\/span><\/div>
You would buy the bond as long as the yield to maturity at this price is less than your required rate of return.<\/span><\/div>
<\/div>
-<\/mo><\/mrow><\/math>Select<\/span>-<\/mo><\/mrow><\/math> <\/div><\/span> <\/div><\/div> \"image", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-13 00:05:10", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/industrial-organizational-psychology-understanding-the-workplace\/4-the-stress-response-experienced-by-women-may-be-better-2002542", "description": "4. The stress response experienced by women may be better characterized as , primarily due to the hormone called . a. tend and befriend; oxytocin b. tend and befriend; estrogen c. fight or flight;...", "stars": 0 }, { "url": "\/determine-the-maximum-weight-w-of-the-block-can-be", "description": "Determine the maximum weight W of the block that can be suspended in the position shown if each cord can support a maximum tension T. Also, what is the angle \u03b8 for equilibrium? Given: T = 80 lb...", "stars": 3 }, { "url": "\/study-help\/questions\/harrimon-industries-bonds-have-4-years-left-to-maturity-interest-10521647", "description": "Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $ 1 , 0 0 0 par value and a coupon rate of 8 % . Harrimon Industries bonds have 4 years left...", "stars": 3 }, { "url": "\/study-help\/questions\/a-sellerlessee-who-enters-into-a-sale-and-leaseback-agreement-6180178", "description": "A seller\/lessee who enters into a sale and leaseback agreement that does not meet revenue recognition criteria under ASC Topic 606 must account for the lease as a Multiple Choice finance lease....", "stars": 3 }, { "url": "\/study-help\/questions\/1-create-a-disruptive-innovation-for-your-healthcare-organization-2-993302", "description": "1. Create a disruptive innovation for your healthcare organization. 2. Outline the core competitive dimensions that make your new service or product unique. 3. Discuss long-term sustainable...", "stars": 3 }, { "url": "\/study-help\/questions\/please-answer-problem-3-it-has-15-questions-introduction-to-999998", "description": "PLEASE ANSWER PROBLEM 3. IT HAS 15 QUESTIONS Introduction to Cost Accounting and Cost Accounting Cycle 7. Utility costs were incurred in the factory, P450,000. 8. Advertising costs paid, P2,250,000....", "stars": 3 }, { "url": "\/study-help\/questions\/identifies-process-strategies-most-useful-for-a-window-manufacture-by-1000182", "description": "Identifies process strategies most useful for a window manufacture by using the tools of process analysis. Then Identify recent advances in production technology that would be useful in the window...", "stars": 3 }, { "url": "\/study-help\/questions\/minicase-b-7-marks-like-every-canadian-couple-amira-and-1007851", "description": "Mini-Case B (7 marks) Like every Canadian couple, Amira and Owen carry quite a lot of debt. . Three years ago, Amira purchased a Subaru Outback costing $34,750 before sales tax of 15%, with a $5,000...", "stars": 3 }, { "url": "\/study-help\/questions\/1-use-the-experimental-data-below-to-produce-a-graph-1005266", "description": "1. Use the experimental data below to produce a graph that effectively conveys the information. 2. Answer the questions below. Number of kinds of colonies Number of kinds of colonies Test subject...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/pipe-the-output-of-your-parts-file-to-only-show-10521646", "next": "\/study-help\/questions\/when-is-the-due-date-for-the-employer-to-pay-10521648" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Finance", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-finance" }, { "name": "Harrimon Industries bonds have 4 years left to maturity. Interest is paid", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/harrimon-industries-bonds-have-4-years-left-to-maturity-interest-10521647" } ], "skill_details": { "skill_id": "13", "skill_name": "Finance", "parent_id": "1" } } "1" } }