FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 27

Decreasing the average inventory level.
Increasing the payables period.
Increasing the inventory turnover rate.
Oil Wells offers 6.5 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in seven years. What is the market price per bond if the face value is $ 1,000?
$ 902.60
$ 996.48
$ 913.48
$ 989.70
$ 975.93

Decreasing the average inventory level.

Increasing the payables period.

Increasing the inventory turnover rate.

Oil Wells offers 6.5 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in seven years. What is the market price per bond if the face value is $ 1,000?

$ 902.60

$ 996.48

$ 913.48

$ 989.70

$ 975.93