subject
Business, 27.07.2021 01:00 leahandmaryssa

A $1,000 face value corporate bond wit a 6.75% coupon (paid semiannually) has 10 years left to maturity. It has had a credit rating of BB and a yield to maturity of 8.2%. The firm recently became more financially stable and the rating agency is upgrading the bonds to BBB. the new appropriate discount rate will be 7.1 %. What will be the change in the bond's price in dollars and percentage terms

ansver
Answers: 2

Another question on Business

question
Business, 20.06.2019 18:04
On january 1, year 1, canseco plumbing fixtures purchased equipment for $52,000. residual value at the end of an estimated four-year service life is expected to be $4,000. the company uses the straight-line method. for how much would each item below be reported at the end of year 3
Answers: 1
question
Business, 21.06.2019 22:30
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
question
Business, 22.06.2019 19:50
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
question
Business, 22.06.2019 22:40
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.
Answers: 3
You know the right answer?
A $1,000 face value corporate bond wit a 6.75% coupon (paid semiannually) has 10 years left to matur...
Questions
question
Mathematics, 06.12.2021 09:40
question
Mathematics, 06.12.2021 09:40
question
Mathematics, 06.12.2021 09:50
Questions on the website: 13722367