by Dan | Mar 3, 2023 | finance
A 10-year, 8% semi-annual fixed coupon callable bond can be called after 5 years from issuance at a call price of 101. 2 years after its issuance, the price of the bond has dropped to 97 per 100 par. Calculate the yield-to-call at this point.
by Dan | Mar 3, 2023 | finance
1. The earnings, dividends, and stock price of Talukdar Technologies Inc. are expected to grow at 7 percent per year in the future. Talukdar’s last dividend was $2.00, the stock beta is 1.6, the risk-free rate is 9 percent, and the average return on the...
by Dan | Mar 3, 2023 | finance
1. Remington, Inc. issued a new series of bonds on April 1, 2020. These non-callable bonds were sold at par, have a 9.25 percent coupon and mature in 25 years on March 31, 2045. Coupon payments are made on October 1 and April 1. Assume that you purchased an...
by Dan | Mar 3, 2023 | finance
Landover Construction Company’s most recent revenue was $4,124,000 with operating costs (exclusive of depreciation) of $1,176,300, depreciation expense of $245,000, and interest expense of $30,000. Landover’s tax rate is 35%. Both revenues and costs for next year are...
by Dan | Feb 27, 2023 | finance
I need a one page speech written on the topic of financial aid and scholarships.
by Dan | Feb 24, 2023 | finance
What were the influences of Imperial China on culture and civilization in Vietnam, Korea, and Japan? Which do you think had the most lasting impact?