Make strategic recommendations with actionable steps

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1. Please identify the problems or shortcomings that Honda Motors Company has and make strategic recommendations with actionable steps?

2. Find the duration of a bond with settlement date May 27, 2016, and maturity date Nov 15, 2025. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a yielf to maturity of 8%.

3. You need a 30-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at a 9.1 percent APR for this 360-month loan. However, you can afford monthly payments of only $1,000, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment.

Required:

How large will this balloon payment have to be for you to keep your monthly payments at $1,000?

Reference no: EM131957916

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