Question
Mark purchased a serial bond of CDE corporation. The following information pertains to this investment: Face value of the bond= P8,000,000; Date of investment= Jan.
A stock has an expected growth rate in the long-run for 15 percent and this common stock just paid a dividend of P2.00. If the investors required a 19 percent rate of return, what is the price of the stock?
You decided that after college you are going to put up your own business, that is 3 years from now, and you would like to save at least P7,000 per year, beginning immediately. You are going to make 3 deposits in a savings account that gives a 5.2 percent interest. After 3 years of saving, how much will you have from today?
Bill plans to deposit P200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8% and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years?
Marlon Corp. bonds have a par value of P1,000 and a price of P865. The outstanding bonds has an annual 8 percent coupon rate. The bonds will mature in eleven years. The yield to maturity is close to? Use the interpolation method
Assume that Richard Parker wants to deposit P1,500 now in a bank that pays interest rate of 6% compounded semiannually. What's the future value of this deposit after 5 years?
Step by Step Solution
3.53 Rating (170 Votes )
There are 3 Steps involved in it
Step: 1
For the first question The bond pays an annual coupon of 8 on a face value of P8000000 so the coupon payment is P640000 per year The required rate of ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started