Find the flat price of bond

Assignment Help Business Management
Reference no: EM132978898

A bond pays interest semi-annually and its coupon rate is 10%, it is sold between the coupon payment dates and the settlement date is 30 days away from the last coupon payment date, the number of days between the last coupon payment date and the next coupon payment date is 180, the bond still has six remaining payments. Its annual yield-to-maturity is 6%. The flat price of this bond on the settlement date is closet to:

Reference no: EM132978898

Questions Cloud

What is the value of x : A bank is offering the following financial product to clients:Client invests 40,000 at t = 05where S5
Find forward exchange rate : Suppose the spot exchange rate X were 0.01 greater than the no-arbitrage value. If you were to construct an arbitrage, which of the following would be part of y
Find interest received at the end of the year : You placed $8,184 in a savings account today that earns an annual interest rate of 15 percent compounded annually. How much you will have in this account at the
Calculate the price of bond x : The coupon rate of Bond X is 8% and the bond pays interest annually and matures in three years. The one year, the two-year and three-year spot rate is 8%, 9%, a
Find the flat price of bond : A bond pays interest semi-annually and its coupon rate is 10%, it is sold between the coupon payment dates and the settlement date is 30 days away from the last
What is the firm total book value : Coin Flip Co. has total assets of $8 million, total short- and long-term debt of $4.8 million, and $650,000 worth of 9% preferred stock outstanding. What is the
What is effective annualized rate of return : 1. You have opened a margin account with $11,000 at your local brokerage firm. You instruct your broker to purchase 600 shares of Bison Corporation Stock, which
Population mean and standard error of sample mean : Describe the difference between the standard deviation of the population mean and the standard error of the sample mean.
Company capital budgeting-investment : If you are CFO of Air Canada responsible for the company's capital budgeting/investment. Given our goals of firm value and shareholder wealth maximization, we h

Reviews

Write a Review

Business Management Questions & Answers

  Predicting positive-negative outcomes at network solutions

Identifying or predicting positive and negative outcomes at Network Solutions, What do you anticipate will be some of the disadvantages or negative outcomes?

  Compare the use of a limited liability company

1. Are there estate tax advantages to the seller when using an installment sale? Is the sale included in the seller's estate?

  Business or non-profit organization

Select a current news item pertaining to an ethical situation in the Middle East that has arisen in a business or non-profit organization. Describe the situation and the organization.

  Executive Summary as Abstract for your portfolio

Consider the Executive Summary as the Abstract for your portfolio. It may be the focal point during your employment review.

  Greater scrutiny and calls for transparency

1. According to the Feinstein, how does the arms industry manage to avoid greater scrutiny and calls for transparency?

  What did you already know about your leadership style

What did you already know about your leadership style? What is 1 new thing that you learned about your leadership style?

  How should scott and peterson resolve the ownership

Read the Midwest Lighting case from Chapter 12, page 288, and comment on the following questions:

  Calculating the cost effectiveness of countermeasures

What considerations must security management keep in mind when calculating the cost effectiveness of countermeasures?

  Finance goals of investor-owned and not-for-profit

Are there substantial differences between the finance goals of investor-owned and not-for-profit corporations? Explain.

  The cost of the tenth iteration

Suppose that you are the estimator who is assigning costs to a major project to be undertaken this year by your firm, The cost of the tenth iteration?

  Different ways of identifying hazmat generators

You are introduced to different ways of identifying hazmat generators. Define the four (4) different generators and analyze them.

  How many hours are required to produce 350 units

Determine the average number of labor hours required to produce the first 100 units. How many hours are required to produce 350 units?

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