Calculate its price change

Assignment Help Financial Accounting
Reference no: EM132949029

Question - A bond pays semi-annual interest. Its coupon rate is 8%. Its value at maturity is $1000. It matures in 6 years. its YTM is 6%. Using modified duration, calculate its price change if interest rate increases by 30 basis points.

Reference no: EM132949029

Questions Cloud

Analyze the annual reports of flour mills of fiji : Analyze the annual reports of Flour Mills of Fiji (2020), RB Patel Ltd (2020) and Paradise Beverages Ltd (2019) from South Pacific Stock Exchange (SPSE)
What were the actual costs incurred for indirect materials : What were the actual costs incurred for indirect materials for the month? Your Company's flexible budget cost formula for indirect materials.
What is the materials purchase price variance for company : What is the materials purchase price variance for Company. Your Company uses a standard cost system. Information for raw materials its product
What the amount of cash paid to the supplier is : What the amount of cash paid to the supplier is? A company purchases merchandise inventory for $135,400 on credit terms of 2/10 net 30.
Calculate its price change : Its coupon rate is 8%. Its value at maturity is $1000. It matures in 6 years. its YTM is 6%. Using modified duration, calculate its price change
What total amount of depletion : The present value of the estimated restoration cost is P1,800,000. What total amount of depletion should be included in cost of good sold for the current year
What is the estimated total cash collections for april : What is the estimated total cash collections for April? Your Company estimated that the pattern of collection of creditsales will be 45%
Outline the key provisions of the specific legislation : List 10 forms of legislation that will affect every business then identify and briefly outline the key provisions of the specific legislation that that will imp
Determine the new price index in wholes : How do calculate in wholes for raw materials A and B the composite weighted price index according to Laspeyres for 2014 and 2013 with 2012 as the base year.

Reviews

Write a Review

Financial Accounting Questions & Answers

  PMBA6020 Accounting for Decision Making and Control

PMBA6020 Accounting for Decision Making and Control Assignment Help and Solution, Nanyang Business School, Singapore- Assessment Writing Service

  Find the cost of goods sold and value of ending inventory

During March, Capsule Corp. reported a beginning inventory of a popular capsule of 1,200 units, all at $30/unit. The company uses a perpetual inventory system and the LIFO inventory costing method. These transactions occurred during the month: Find t..

  What number of hours will the two electricians charg

B is offering her services for an initial fee of $150 in addition to $36 per hour. For what number of hours will the two electricians charge the same amount

  How the firm would set a project-specific discount rate

Assume these three projects are not in line with the current business of Braxton. How the firm would set a project-specific discount rate

  Statements in accordance with government auditing standards

In performing and audit of financial statements in accordance with Government Auditing Standards, the auditors are required to provide a report on:  To determine if all shipments were billed the auditor would:

  Reconcile Book income to Tax - What is tax books income

Estimated deductible expenses for tax for 890,000 (this will be deductible in 2024). Reconcile Book income to Tax - What is tax books income

  What is the total debt ratio

Leverage. A firm has a long-term debt-equity ratio of .4. Shareholders' equity is $1 million. Current assets are $200,000, and the current ratio is 2. The only current liabilities are notes payable. What is the total debt ratio?

  Evaluate howard plan

In 2000, Howard purchased stock in Green, a C corporation, for $100,000. Evaluate Howard's plan and explain why you agree or disagree

  LIFO methods of accounting for inventory

Compute the company’s cost of goods sold and inventory balances for fiscal 2013 assuming the company used a) FIFO and b) LIFO methods of accounting for inventory:

  What three financial reports would use on a regular basis

As a small business owner in today's economy, what three financial reports would you use on a regular basis? What information would you find on each statement?

  What amount be recorded as treasury shares for ft corp

FT Corporation acquired 12,000 shares of P1 par value,As a result of the treasury stock transaction, what amount should be recorded as Treasury shares in 2021?

  Journal entries to record the transactionsassuming the

journal entries to record the transactionsassuming the perpetual inventory system is used complete journal entries for

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