Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Comparing Borrowing Costs of a bond (APY)
[ 2 Answers ]
In previous assignments I have done the opposite, but I am having trouble looking at it from this perspective. I am given two scenarios with different issuance costs and different coupon (at different intervals). I am supposed to find out which scenario offers the lowest APY... I am totally...
Steps to calculate the APY of 4.6%
[ 2 Answers ]
A bank offers an APR of 4.6% compounded monthly
Finance APY
[ 1 Answers ]
Comparing borrowing costs) Stephens Security has two financing alternatives: (1) A publicly placed $50 million bond issue. Issuance costs are $1 million, the bond has a 9% Coupon paid semiannually, and the bond has a 20-year life. (2) A $50 million private placement With a large pension fund....
Excel Formula Nominal and APY
[ 1 Answers ]
I have a rounding issue in Excel. If I enter a APY Rate, for example 3.75 and then calculate the nominal, I get a long decimal of 3.68705 . I need to find a way to cut the decimanl to 2 places, and then still be able to use a formula to get back ot the same 3.75 APY. The problem is if I use the...
How is an APY different than an APR? Anyone tried the Online Direct Banking accounts?
[ 1 Answers ]
How is an APY different than an APR. I am getting a 5% APY on savings on an online account. Is there a better option for me where I will need the cash in the near future. I have approx. 7K saved in the savings account with a 5% APY. View more questions Search
|