× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
g
1
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Anonymous Jas Kaur1
wrote...
A year ago
A $290,000 issue of five-year bonds redeemable at par offers 9.21% coupons payable semi-annually. What is the premium or discount and the purchase price of the bonds to yield 8.2% compounded quarterly?
(a) The premium is ____
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(b) The purchase price of the bond is $ .
Read 397 times

Related Topics

New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  160 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 1126
  
 678
  
 585
Your Opinion
Where do you get your textbooks?
Votes: 806
Previous poll results: Does a gender wage gap exist in America?