Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$5,781.61
Visitor$1,770.00
oosterhoff$1,667.00
Visitor$550.00
Visitor$520.00
Visitor$480.00
Visitor$450.00
Visitor$380.00
Visitor$380.00
Visitor$360.00
Visitor$360.00
fktragedy$350.00
Visitor$350.00
Visitor$340.00
Visitor$330.00
Visitor$330.00
Visitor$320.00
allen$320.00
Kyrie Ir...$320.00
Visitor$317.00
 

Question 179  bond pricing, capital raising

A firm wishes to raise $20 million now. They will issue 8% pa semi-annual coupon bonds that will mature in 5 years and have a face value of $100 each. Bond yields are 6% pa, given as an APR compounding every 6 months, and the yield curve is flat.

How many bonds should the firm issue?




Copyright © 2014 Keith Woodward