What is the price of a 10-year, $1,000 bond with a 6% coupon
rate and semiannual coupons if the bond’s yield to maturity is 9%
(APR with semiannual compounding)?
$864.10
$1,038.07
$804.88
$1,077.95
Consider a project with the following cash flows:
Year 0 1 2 3 4
Cash
Flow -10,000 4,000 4,000 4,000 4,000
What is the internal rate of return (IRR) of the above
project?
23.23%
22.05%
21.86%
20.82%
Security: AAA AA A BBB
BB
Yield
(%): 5.0 5.5 6.0 6.4 8.0
A mining company needs to raise $100 million in order to begin
open pit mining...