2. Your firm is considering an one-year loan options for a $516,451 loan. The loan...
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2. Your firm is considering an one-year loan options for a $516,451 loan. The loan carries fees of 1.3% of the loan amount and charges interest of 6.59% of the loan amount.
What is the net amount of funds from the loan?
5. Your firm is considering an one-year loan options for a $438,904 loan. The loan carries fees of 3.7% of the loan amount and charges interest of 6.21% of the loan amount.
What is the true interest rate of the loan?
11.
Company A has just issued a callable (at par) 10-year, 6% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime there-after on a coupon payment date. It has a price of $102.
What is the bonds yield to maturity?
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