Find percentage change in the bond price

Assignment Help Finance Basics
Reference no: EM133060255

A ten-year bond paying coupons annually has a yield of 11% and a duration of 7.195 years. If the bond's yield changes by 25 basis points, what is the percentage change in the bond's price? (Input the value as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM133060255

Questions Cloud

Estimate the before-tax cost of debt for pac ltd : PAC Ltd is planning to issue zero coupon bonds with 20 years to maturity. The face value of the bond would be $800. The company is expected to pay coupons on th
What the correct entry to be recorded in simon books : Assume GST of 10%. Using the gross method, what the correct entry to be recorded in Simon's books for the payment from Lawrence
Differentiate an airline company like jetblue : How can service value differentiate an airline company like JetBlue?
What is melody basis in the inventory : At the beginning of the tax year, Melody's basis in the MIP LLC was $60,000, After distribution, what is Melody's basis in inventory and in her MIP interest
Find percentage change in the bond price : A ten-year bond paying coupons annually has a yield of 11% and a duration of 7.195 years. If the bond's yield changes by 25 basis points, what is the percentage
Are the dynamics of the merged company consistent : (b) Are the dynamics of the merged company consistent with the prediction of the FF model?
What amount of depreciation should be recognized : At the beginning of current year, Evita Company entered into an 8-year finance lease ford. What amount of depreciation should be recognized
Explain the strategies enterprises : 1. Explain how the length of the operating cycle affects the amount of funds invested in accounts receivable and inventories.
Example the firm core business : Analyze General motors stock and detailed introduction of the company (General motors). For example the firm's core business, products, target market, and compe

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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