Find the accrued interest-calculate the dirty price

Assignment Help Financial Management

Reference no: EM131026183

You purchase a corporate bond with a settlement date on December 15 with a face value of $1,000 and a coupon rate of 83/4%, that has a listed price of 102:12, and that pays interest semi-annually on March 15 and September 15. How much must you pay? a. Find the accrued interest b. Calculate the dirty price

Reference no: EM131026183

Questions Cloud

What is the ficaoasdi for the er amount based : Question 1.1. What is the FICA-OASDI for the ER amount based on this total earnings figure? (Points : 3) $2,864.10$669.83$3,533.92$856.83

What distinguishes oligopoly from monopolistic competition : Why do oligopolies exist? List five or six oligopolists whose products you own or regularly purchase. What distinguishes oligopoly from monopolistic competition?

Present and future values for different interest rates : Find the following values. Compounding/discounting occurs annually. Round your answers to the nearest cent. An initial $700 compounded for 10 years at 8%. The present value of $700 due in 10 year at a discount rate of 8%. Define present value. The pr..

What is the pv of the investment : An investment offers 10,000 per year, with the first cash flow to be received today. If the relevant interest rate is 8% per year, what is the pv of the investment ( at year 0) ? should the answer be 135000? You can make 450 monthly payments for 5 yr..

Find the accrued interest-calculate the dirty price : You purchase a corporate bond with a settlement date on December 15 with a face value of $1,000 and a coupon rate of 83/4%, that has a listed price of 102:12, and that pays interest semi-annually on March 15 and September 15. How much must you pay? a..

Assume a market index represents the common factor : Assume a market index represents the common factor and all stocks in the economy have a beta of 1. Firm-specific returns all have a standard deviation of 39%. Suppose an analyst studies 20 stocks and finds that one-half have an alpha of 3.3%, and one..

Find value of k that makes probability density function : Find the value of k that makes this function a probability density function. Find P(Y1 ≥ 3Y2). That is, find the probability that the cleaning device reduces the amount of pollutant by one-third or more.

Diversification benefits in term of portfolio risk reduction : Suppose we have two assets, A and B. What correlation levels between the two assets will yield diversification benefits in terms of portfolio risk reduction? At what correlation level will there be no diversification benefits in terms of portfolio ri..

Calculate the income-capital gain-total return : Assuming you purchased a share of stock for $50 one year ago, sold it today for $60, and during the year received 3 dividend payments totaling $2.70, calculate the following. (a) Income. (b) Capital gain (or loss). (c) total return (1) in dollars (2)..

User Account

All Pages