Business, 12.11.2019 01:31 jaimeg13

Consider three bonds with 6.40% coupon rates, all making annual coupon payments and all selling at face value. the short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years.

a. what will be the price of the 4-year bond if its yield increases to 7.40%? (do not round intermediate calculations. round your answers to 2 decimal places.)

b. what will be the price of the 8-year bond if its yield increases to 7.40%? (do not round intermediate calculations. round your answers to 2 decimal places.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:50, kayla2945

The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity

Answers: 3

continue

Business, 22.06.2019 04:00, elijahcraft3

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Answers: 2

continue

Business, 22.06.2019 08:30, hartzpeyton136

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors

Answers: 2

continue

Business, 22.06.2019 12:20, ohgeezy

Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00

Answers: 2

continue

You know the right answer?

Consider three bonds with 6.40% coupon rates, all making annual coupon payments and all selling at f...