Answers
1)
price of coupon = Coupon payment per period * [1-(1+i)^-n]/i + par value/(1+i)^n
i = interest rate per period
n = number of periods
a)
at coupon rate equal to yield to maturity, bond sells at par
hence
price at 6% = 1000
b)
Price at 12% = 60 * [1-(1+12%)^-10]/12% + 1000/(1+12%)^10
= 660.99
c)
Price at 3% = 60 * [1-(1+3%)^-10]/3% + 1000/(1+3%)^10
= 1255.91
d)
at 6% selling at par
e)
at 3% selling at premium
.Similar Solved Questions
1 answer
TakeassignmentSessionLocator=&inprogress=false READS GBPAUD - Trading Book Show Me How Calculator ccounting Equation The total assets and...
takeassignmentSessionLocator=&inprogress=false READS GBPAUD - Trading Book Show Me How Calculator ccounting Equation The total assets and total liabilities (in millions) of keurig Green Mountain Coffee, Inc. and Starbucks Corporation follow Keurig Starbucks Assets $4,797 $10,753 5.481 Liabilitie...
1 answer
How do you find the points where the graph of the function #(x^(2))/(e^(x))# has horizontal tangents?
How do you find the points where the graph of the function #(x^(2))/(e^(x))# has horizontal tangents?...
1 answer
Directions: To answer the following questions, please reference the Etsy 2018 Annual Report 1. Convert the...
Directions: To answer the following questions, please reference the Etsy 2018 Annual Report 1. Convert the Consolidated Statement of Operations (found in Item 8) into a common-size statement. (0.5 pts) 2. Looking at the Consolidated Statement of Operations, please answer the following: (1.5 pts) a. ...
1 answer
Velocity Velocity Time Velocity Time Velocity Time The velocity-time graphs represent the motion of four different...
Velocity Velocity Time Velocity Time Velocity Time The velocity-time graphs represent the motion of four different objects. Identify any object that is moving in the + direction and speeding up. Tap on all that apply. Top left Top right Bottom left Bottom right...
1 answer
Please provide a ranking from most to least basic species. I promise to leave a good...
Please provide a ranking from most to least basic species. I promise to leave a good review! CH2Br І НО H NH2...
1 answer
Are the objects described here in static equilibrium, dynamic equilibrium, or not in equilibrium...
Are the objects described here in static equilibrium, dynamic equilibrium, or not in equilibrium at all? ( Explain how the answers are correct )A) A 200 pound barbell is held over your head. (static equilibrium)B) A girder is lifted at constant speed by a crane. ( Dynamic equilibrium)C) A girder is ...
1 answer
Choose the correct answer please Figure 9 What is likely the most accurate staement concerning the...
choose the correct answer please Figure 9 What is likely the most accurate staement concerning the fruits picured in figure 9? a. A is a fleshy fruit and seeds are dispersed by animals b.A is a dry fruit and seeds are dispersed by animals c. B is a fleshy fruit that remains closed at maturity and...
1 answer
AK² B) 2K C) 1/2K D) 1/K2 E)-K2 25. Given the following reaction at equilibrium, if...
AK² B) 2K C) 1/2K D) 1/K2 E)-K2 25. Given the following reaction at equilibrium, if Kc = 1.90 * 1019 at 25.0°C, Kp = H2(g) + Br2 (8) 2 HBr (8) A) 5.26 x 10-20 B) 1.56 x 104 C) 6.44 x 105 D) 1.90 x 1019 E) none of the above...
1 answer
If the concentration of cadmium ions (Cd2"]) in a saturated solution of Cd3(PO4)2 is known, which...
If the concentration of cadmium ions (Cd2"]) in a saturated solution of Cd3(PO4)2 is known, which expression should be used to calculate the solubility product constant (Ko) for Cd3(PO4)2? Ky - 9 [Cd215/4 Ksp 8 [Cd2+15 /27 Kp-2 (Cd21513 Kyp - 4 [Cd23519 Ko-27(Co2/8...
1 answer
PREPARED BY: DATE: PROJECT TITLE Deter niae whether each stardemeaxt is t rue or false.efalsey strect...
PREPARED BY: DATE: PROJECT TITLE Deter niae whether each stardemeaxt is t rue or false.efalsey strect it TE) 771ー-ion contains 53 protons and 54 elecho ica clectons...
1 answer
Objectives Outline a plan for performing a needs assessment for training and development purposes Identify and create a way to determine the sensory learning styles of employees Evaluate training mode...
Objectives Outline a plan for performing a needs assessment for training and development purposes Identify and create a way to determine the sensory learning styles of employees Evaluate training models appropriate for use for department-wide topics Evaluate continuing education methods appropriate ...
1 answer
Which instructions should the RN plan to include when teaching a parent how to start toilet...
Which instructions should the RN plan to include when teaching a parent how to start toilet training their child? a Toilet training should begin with having the child urinate in the toilet . b Bowel training is best accomplished by having the child sit on a potty chair until they . have a bowel mov...
1 answer
How do you integrate #(2x-1)/((x+1)(x-2)(x+3))# using partial fractions?
How do you integrate #(2x-1)/((x+1)(x-2)(x+3))# using partial fractions?...
1 answer
A sample of an unknown compound is vaporized at 170. "C. The gas produced has a...
A sample of an unknown compound is vaporized at 170. "C. The gas produced has a volume of 1750. mL. at a pressure of 1.00 atm, and it weighs 1.54 g Assuming the gas behaves as an ideal gas under these conditions, calculate the molar mass of the compound. Round your answer to 3 significant digits...
3 answers
How do i write a real-world problem where you would have to multiply 120 and 75
how do i write a real-world problem where you would have to multiply 120 and 75...