Percentage change in price of faulk

Assignment Help Financial Management

Reference no: EM131533290

The Faulk Corp. has a 3 percent coupon bond outstanding. The Gonas Company has a 9 percent bond outstanding. Both bonds have 16 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent,

What is the percentage change in the price of these bonds? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Percentage change in price of Faulk %

Percentage change in price of Gonas %

What if interest rates suddenly fall by 2 percent instead? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Percentage change in price of Faulk %

Percentage change in price of Gonas %

Reference no: EM131533290

Questions Cloud

In what specific ways can you influence the ethics : In what specific ways can you influence the ethics and the future of counseling?

Define the debt-equity ratio : What is the debt-equity ratio?

How many of each classroom does the wing have : The engineering classrooms 32 seats. If one wing has 16 classrooms with 424 seats, how many of each classroom does the wing have?

Discuss the forensic psychology professionals role : Compare and contrast three different types of evaluations the forensic psychology professional is asked to perform in juvenile courts.

Percentage change in price of faulk : The Faulk Corp. has a 3 percent coupon bond outstanding. what is the percentage change in the price of these bonds?

Discuss current beliefs and practices : There still exists a double standard between males and females in regard to sexual expression. Discuss current beliefs and practices that challenge statement

List the american counseling association ethical codes : Locate, document, and list the source of at least three American Counseling Association Ethical Codes.

What would be the price they sell for each product : what would be the price they sell for each product?

Write a paper on the cause and effect of lying : You need to write a paper on the cause and effect of lying or on the cause and effect on violence.

User Account

All Pages