Ask Experts Questions for FREE Help !
Ask
    nkurothe's Avatar
    nkurothe Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 30, 2010, 03:14 PM
    How many bonds at what price
    A company wants to raise $2,160,000 through debt i.e. by issuing bonds so how many bonds at what price should be issued. My bond rating is A current yield for 10-year is 3.24, cost of debt using flotation cost comes out 3.90
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Aug 3, 2010, 01:09 AM

    Please see the guidelines for submitting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Price of bonds [ 1 Answers ]

A company has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is 7%.

Price of bonds [ 1 Answers ]

How do I figure the current price of a bond with differing interest rates? I need the equation, no one seems able to give it to me.

Selling Price of Bonds.For the record, I HATE BONDS [ 3 Answers ]

General Toys, Inc. sold five year bonds having a face value of $100,000 and a coupon rate of 7% when the market rate was 9%. The present value of $1 at 9% for five periods is $0.6499. The present value of a $1 annuity for 5 periods at 9% is $3.8897. At what price did these bonds sell? I came up...

View more questions Search