Whipple Corp. just issued 290,000 bonds with a coupon rate of 6.08 percent paid semiannually that...

Whipple Corp. just issued 290,000 bonds with a coupon rate of 6.08 percent paid semiannually that mature in 15 years. The bonds have a YTM of 6.52 percent and have a par value of $2,000. How much money was raised from the sale of the bonds?

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jeff jeffy answered 1 year ago

Whipple Corp. just issued 325,000 bonds with a coupon rate of 6.29 percent paid semiannually that...

Whipple Corp. just issued 325,000 bonds with a coupon rate of 6.29 percent paid semiannually that mature in 30 years. The bonds have a YTM of 6.73 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.)

A company offers bonds with a coupon rate of 6.4 percent paid semiannually. The yield to...

A company offers bonds with a coupon rate of 6.4 percent paid semiannually. The yield to maturity is 13.3 percent and the maturity date is 11 years from today. What is the market price of this bond if the face value is $1,000? A bond has a coupon rate of 8 percent, 7 years to maturity, semiannual interest payments, and a yield to maturity (YTM) of 7 percent. If interest rates suddenly rise by 1.5 percent, what will be the...

Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is paid semiannually, and...

Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is paid semiannually, and the bonds mature in 11 years. Their par value is $1,000. If your required rate of return is 9 percent, what is the value of the bond? What is the value if the interest is paid annually?

Hamilton, Inc. bonds have a coupon rate of 13 percent. The interest is paid semiannually, and...

Hamilton, Inc. bonds have a coupon rate of 13 percent. The interest is paid semiannually, and the bonds mature in 13 years. Their par value is $1,000. If your required rate of return is 8 percent, what is the value of the bond? What is the value if the interest is paid annually?

Hamilton, Inc. bonds have a coupon rate of 1414 percent. The interest is paid semiannually, and...

Hamilton, Inc. bonds have a coupon rate of 1414 percent. The interest is paid semiannually, and the bonds mature in 77 years. Their par value is $1 comma 0001,000. If your required rate of return is 1212 percent, what is the value of the bond? What is the value if the interest is paid annually?a. If the interest is paid semiannually, the value of the bond is $nothing. (Round to the nearest cent.)b. If the interest is paid annually, the...

Enterprise, Inc. bonds have an annual coupon rate of 14 percent. The interest is paid semiannually...

Enterprise, Inc. bonds have an annual coupon rate of 14 percent. The interest is paid semiannually and the bonds mature in 14 years. Their par value is $1,000. If the market's required yield to maturity on a comparable-risk bond is 9 percent, what is the value of the bond? What is its value if the interest is paid annually? A. The value of the Enterprise bonds if the interest is paid semiannually is..

Enterprise,Inc. bonds have an annual coupon rate of13 percent. The interest is paid semiannually and the...

Enterprise,Inc. bonds have an annual coupon rate of13 percent. The interest is paid semiannually and the bonds mature in7years. Their par value is$1000If the market's required yield to maturity on a comparable-risk bond is 15percent, what is the value of the bond? What is its value if the interest is paid annually?a. The value of the Enterprise bonds if the interest is paid semiannually is $? (Round to the nearest cent.)

Stark industries has just issued bonds with $1,000 par value, a $30 coupon paid semiannually (SA),...

Stark industries has just issued bonds with $1,000 par value, a $30 coupon paid semiannually (SA), and a 20-year maturity. This means the original issue yield was 6% (($30 * 2) / $1,000 = .06 or 6%). You buy one $1,000 Stark 20-yr 6% bond at issue. 3 years later, you call your broker and tell her to sell it (17 years until maturity). At this point, yields for Stark’s bonds and similar issues have dropped to 4%. What is...

Union Local School District has bonds outstanding with a coupon rate of 5.2 percent paid semiannually...

Union Local School District has bonds outstanding with a coupon rate of 5.2 percent paid semiannually and 19 years to maturity. The yield to maturity on these bonds is 4.7 percent and the bonds have a par value of $5,000. What is the dollar price of each bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Union Local School District has bonds outstanding with a coupon rate of 4.6 percent paid semiannually...

Union Local School District has bonds outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturity. The yield to maturity on these bonds is 3.9 percent and the bonds have a par value of 5000. What is the dollar price of each bond?

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