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 ?