A bond matures in 2020 and has an annual coupon of 365

Assignment Help Finance Basics
Reference no: EM13619990

A bond matures in 2020 and has an annual coupon of 3.65 percent, payable on January 1 and July 1. The current price of the $1,000 bind if $978. On February 1, you purchase $10,000 face amount, and your broker charges a $25 commission. How mcuh must you remit for the purchase?

Reference no: EM13619990

Questions Cloud

Miller brothers is considering a project that will produce : miller brothers is considering a project that will produce cash inflows of 61500 72800 84600 and 68000 a year for the
The american flag corporation afc wants to determine the : the american flag corporation afc wants to determine the effect of its inventory turnover and days sales outstanding
Convert net paid days worked to a factor for the laboratory : the metropolis health system managers are also working on their budgets for next year. each manager must annualize his
You are planning to save for retirement over the next 30 : you are planning to save for retirement over the next 30 years. to do this you will invest 800 a month in a stock
A bond matures in 2020 and has an annual coupon of 365 : a bond matures in 2020 and has an annual coupon of 3.65 percent payable on january 1 and july 1. the current price of
Pdq corp has sales of 4000000 the firms cost of goods sold : pdq corp. has sales of 4000000 the firms cost of goods sold is 2500000 and its total operating expenses are 600000.
What would be the price if comparable debt yields 12 : a high-yield bond has the following terms principal amount 1000 annaul interest paid 100 maturity 10 yearsa what is the
As a manager of a firm you are concerned about a potential : as a manager of a firm you are concerned about a potential increase in interest rates which would reduce the demand for
Us firm x can borrow dollars at libor1 floating rate or 13 : 1. us firm x wants yens. it can borrow yens at 5 and can borrow dollars at 10. japanese firm y wants dollars. it can

Reviews

Write a Review

Finance Basics Questions & Answers

  Is this a violation of the law of demand

In December, the price of Christmas trees rises and the quantity of trees sold rises. Is this a violation of the law of demand?

  Computation of value of share

Computation of value of share and What is the value of a share of Gamma Corporation common stock to an investor who requires a 20% return on an investment

  What is the approximate irr for a project

What is the approximate IRR for a project that costs $110,000 and provides cash inflows of $40,000 for 5 years? A 81.8% B 23.9% C 36.4% D 38.7%

  Identify and define up to three concepts associated with

identify and define up to three concepts associated with making capital investment decisions such as cash flows sunk

  Compute the covariance

Suppose you are planning investing in two stocks, Pelts, Corporation, that manufactures fur coats, and PITA, Corporation, a for-profit animal-rights advocacy group. Pelts and PITA are perfectly negatively correlated.

  Statement of cash flows

In the sources section of the statement of changes in financial position, transactions are sub-classified into those affecting liquid assets and those affecting other accounts.

  What is their yield to call

Thatcher Corporation's bonds will mature in 12 years. The bonds have a face value of $1,000 and an 11.5% coupon rate, paid semiannually. The price of the bonds is $1,050. The bonds are callable in 5 years at a call price of $1,050. Round your answ..

  What required rate of return for this stock

What required rate of return for this stock would result in a price per share of $40 and if Sonik has an earnings and dividend growth rate of 11%, what required rate of return would result in a price per share of $40?

  What is the cost of the bear put spread

Consider a long box spread using AZN by buying a bull call spread and buying a bear put spread. Answer the following questions. A) What is the cost of the bull call spread? B) What is the cost of the bear put spread?

  How much will you have accumulated at the end of 18 years

Assume that you will be able to earn 10%, compounded monthly, on your investment. How much will you have accumulated at the end of 18 years?

  What is the offering price

An open end fund has a NAV of $15.50 per share. The fund charges a 6% load. What is the offering price.

  Should ccc take the discount

The supplier is now offering a quantity discount of $0.03 per gallon if CCC orders 10,000 gallons at a time. Should CCC take the discount?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd