Determining the current price of a bond

Assignment Help Business Economics

Reference no: EM131805590

Thai Savings Bank issues 100,000 bonds as a response to the Thai Central Bank's initiatives to increase domestic saving. The bonds have a face value of $48, 917 each, a bond interest rate of 8% per year payable annually, and a maturity date of 14 years. What is the current price of a bond, if the market interest rate is 9% per year, compounded semiannually?

Reference no: EM131805590

Questions Cloud

Describing the developments in western management theory : General Framework - Outline a framework (a map) describing the developments in Western Management Theory over the last hundred years or more

What is meant by the term situational leadership : What is meant by the term situational leadership? How can you apply this as a project manager?

Pick the four ground rule topics for project teams : Tell why you believe each is so critical, explain how they are related to each other, and give at least two specific suggestions for each.

Estimate the total size of the potential market : Your company is trying to estimate the total size of its potential market. A survey has been designed, and data have been collected.

Determining the current price of a bond : What is the current price of a bond, if the market interest rate is 9% per year, compounded semiannually?

What risk factors are you addressing : Make sure you watch the video that is in the same area as these directions.

Compare the income distributions of people : Some people who work at your company would like to visually compare the income distributions of people who buy various products in order to better understand.

Find the real exchange rate : If you were told the nominal exchange rate between Brazilian real and the US dollar is 1 real to 0.39 dollars, find the real exchange rate

Post the name of your company in the sec ten-k company : Post the name of your company in the SEC 10-K company for my approval in the Discussion. Ask questions if any of the requirements are unclear.

User Account

All Pages