BGA has an issue of $1000 par value annual coupon bonds with 11 years remaining...
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Accounting
BGA has an issue of $1000 par value annual coupon bonds with 11 years remaining until maturity. The annual coupon rate is given in the spreadsheet, along with the current price of the bonds. What is the yield to maturity on the bonds?
Bega Cheese (BGA)
Loan payment per quarter
$2,400.00
Operating revenue (in millions)2
$2.07
Annual growth in revenue
15%
Property price
$35,00,000
Investment X (p.a.)
4.74%
(compounding frequency)
quarterly
Investment Y (p.a.)
4.45%
(compounding frequency)1
daily
Investment Z (p.a.)
4.25%
(compounding frequency)
semi-annually
Part e. annual coupon rate
5.00%
Part e. Current bond price
$1,217.25
Part f. annual coupon rate
7.00%
Part f. market required return
5.95%
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