Business, 10.09.2019 02:30 deannajd03

You buy a ten-year bond with an 8% coupon rate at a yield-to-maturity of 6%. (both rates follow the bey convention.) you hold the bond for two years, reinvesting coupons in a money market account earning an apr of 4%, compounded monthly. on the day you receive the fourth coupon, you sell the bond. since market interest rates have increased, you sell it at a yield-to-maturity of 8%. what is your realized compound yield? report the realized compound yield as an apr with semi-annual compounding.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, ghollins

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholdersâ€™ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholdersâ€™ equity $ 9003.6 etextbook and media determine nikeâ€™s accounting equation by calculating the value of total assets, total liabilities, and total stockholdersâ€™ equity. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) total assets = total liabilities + total stockholdersâ€™ equity

Answers: 3

continue

Business, 22.06.2019 13:30, CristianPaz

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Answers: 2

continue

Business, 22.06.2019 21:30, dondre54

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was

Answers: 1

continue

Business, 22.06.2019 22:30, chad65

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.

Answers: 1

continue

You know the right answer?

You buy a ten-year bond with an 8% coupon rate at a yield-to-maturity of 6%. (both rates follow the...