Incorrect given the treasury quotes

Assignment Help Financial Management
Reference no: EM13806183

Which statement is INCORRECT given the following Treasury quotes?

    Maturity           Coupon             Bid                  Asked               Chg         Asked Yld

5/15/2030          6.250         150.7188          150.7500          .8906           2.713

A. This bonds coupon rate is 6.25%.  

B. The ask(ed) price is $1,507.188.  

C. The dealer is willing to sell this bond to you for 150.750% of par.  

D. This bonds ask price rose by $8.906 (i.e., eight dollars and 90+ cents) from the previous trading day.

Reference no: EM13806183

Questions Cloud

What is the price of the bill as a percentage of face value : A Treasury bill purchased in December 2015 has 118 days until maturity and a bank discount yield of 2.13 percent. Assume a $100 face value. What is the price of the bill as a percentage of face value?
Estimates its total variable manufacturing costs : X Company manufactures a single product and estimates its total variable manufacturing costs each month. Each unit of product requires 2.1 pounds of direct material, and the price per pound is $21.00. It takes one hour of direct labor time to manufac..
What is the current price of the stock-dividends will grow : McIver, Inc. currently pays a $2 annual dividend. Investors believe that dividends will grow at 20% next year, 12% for the following year, and 6% annually thereafter. The required return is 10%. What is the current price of the stock?
Statements regarding the efficient market hypothesis : Which of the following statements regarding the efficient market hypothesis (EMH) is incorrect?
Incorrect given the treasury quotes : Which statement is INCORRECT given the following Treasury quotes? The dealer is willing to sell this bond to you for 150.750% of par.
Correct valuation equation for this bond : Dizzy Corporation’s 10-year semi annual bond bearing a coupon rate of 12% is currently selling for $950. Given this information, which of the following is the correct valuation equation for this bond? Note: PVIFA(r,t) = [{1-1/(1+r)t}/r] and PVIF(r,t)..
Statements regarding bond trading is incorrect : Which of the following statements regarding bond trading is INCORRECT? The long-term bonds issued by the U.S. government are called Treasury Bills.
A project that provides a constant annual cash flow : A project that provides a constant annual cash flow of $1,930 for eight years costs $7,700 today. Calculate the NPV at an 8% discount rate. Note: NPV = sum of the present values of all (positive and negative) cash flows
Statements regarding capital budgeting criteria : Which of the following statements regarding capital budgeting criteria is INCORRECT?

Reviews

Write a Review

Financial Management Questions & Answers

  Research to develop a new computer game

KADS, Inc., has spent $480,000 on research to develop a new computer game. The firm is planning to spend $280,000 on a machine to produce the new game. Shipping and installation costs of the machine will be capitalized and depreciated; they total $58..

  Question 1assume a manufacturer incurs 2000000 hours of

question 1assume a manufacturer incurs 2000000 hours of direct productive labor in a year at a total direct labor cost

  Capital budgeting case

Your company is thinking about acquiring another corporation. You have two choices—the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are your critical data:

  Net present value is generally considered to be best method

Given that the net present value (NPV) is generally considered to be the best method of analysis, why could you still use the other methods? You need to use other methods because the net present value method is unreliable when a project has unconvent..

  Yield to maturity and future price

Yield to maturity and future price- A bond has a $1,000 par value, 7 years to maturity, and a 9% annual coupon and sells for $1,095. What is its yield to maturity (YTM)? Round your answer to two decimal places.

  Compute the prospective costs of debt

Vale is the second largest mining company based in Brazil. Although it has recently expanded its operations in Africa, Asia, Latin America, it has not yet entered the North American market

  The investors geometric average return

An investor bought stock in a company for $10,000. Five years later, the investment (including reinvested dividends) was worth $8,000. The investor's geometric average return was:

  What is the yield to maturity of this bond

Dan is going to buy a 19 year bond that pays a coupon rate of 11.56% per year, and has a $1K par value. The bond currently priced $1,326.92? What is the yield to maturity of this bond? Assume annual coupon payments.

  1 identify the key criteria and considerations that need to

1. identify the key criteria and considerations that need to be taken into account in evaluating bfsi entry in the

  Relationship between dollar and euro at this exchange rate

Given the following Euro to $ Exchange rate of 1.46, what is the information contained in this quote? If the Purchasing Power Parity Theory is correct, what is true about the relationship between the US dollar and the Euro at this exchange rate?

  Consumer and producer surplus measures before the tax

The charter boat fishing industry has a marginal benefit (demand) for fishing trips out of Irondequoit Bay which can be expressed as a linear function of the price of the trip and the number of trips taken out of the port. This marginal benefit curve..

  Time to reach a financial goal

You have $21,072.44 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $210,000. You expect to earn 11% annually on the account. How many years will it take to reach your goa..

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