Question
Only Final answers is needed ! Please be accurate I will rate, the deadline is in 15 minutes please try your best thank you 5-
Only Final answers is needed !
Please be accurate I will rate,
the deadline is in 15 minutes please try your best
thank you
5- Jarmine Corp. is planning to fund a project by issuing 10-years zero coupon bonds with a face value of $1,000. Assuming annual coupons to be the norm, what will be the price of these bonds if the appropriate discount rate is 14 percent ( Round to the closest answer.)
6- You plan to save $1,400 for the next four years, beginningnow, to pay for a vacation. if you invest it at a 6 percent, how much will you have at the end of four years? Round to the nearest dollar.
7-Rob Kartz has made an investment that will pay him $11,455, $16,376, and $19,812 at the end of the next three years. His investment was to fetch him a return of the 14 percent. What is the present value of these cash flows?
8- Jay acquire is considering the purchase of the following : A builtrite, $1000 par, 6 3/8% coupon rate, 15 year maturity bond which is currently selling for $1020. If jay's required return is 9%, what would he be willing to pay for the Builtrite bond?
9- Jay Aquire is consedirng the purchase of the following: a Builtrite, $1000 par, 6 7/8% coupon rate, 15 year maturity bond which is currently selling for $1080. If jay purchases the bond, what would his approximate yield-to-maturity be?
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