A bond with a coupon rate of 7.79% has a yield-to-maturity that today equals 11.34%. The $1,000 bond pays coupons every 6 months, 21 coupons remain, and a coupon was paid yesterday. Suppose you buy this bond and hold it so that you receive 7 coupons. You sell the bond upon receiving that last coupon. Suppose that when you sell the bond its yield-to-maturity has decreased by 57 basis points. what would the bond sell for after the holding period?
Answers: 3
Business, 22.06.2019 19:30, hmae2304
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
Business, 22.06.2019 20:30, boog89
Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
Business, 22.06.2019 21:30, robert7248
Consider the following three bond quotes; a treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. if the treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? multiple choice $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $872.50, $1,024.20, $5,072.50, respectively $1,000, $1,000, $1,000, respectively
Answers: 3
A bond with a coupon rate of 7.79% has a yield-to-maturity that today equals 11.34%. The $1,000 bond...
Mathematics, 23.09.2020 06:01
Mathematics, 23.09.2020 06:01
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Mathematics, 23.09.2020 06:01