Percentage change in the price of bond dave

Assignment Help Finance Basics
Reference no: EM131697271

Bond Dave has a 6 percent coupon rate, makes semiannual payments, a 5 percent YTM, and 15 years to maturity. If interest rates suddenly rise by 1 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e.g. 0.0123).

Reference no: EM131697271

Questions Cloud

Calculate the residual income for the adams division : Residual Income Refer to the information for Washington Company on the previous page. In addition, Washington Company's top management has set a minimum.
What is the current share price : The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 15 percent
Identify key responsibilities of early childhood classroom : Identify key responsibilities of early childhood classroom teachers with regard to children who have disability, IEP process, and their work inclusive settings.
Which division sets the maximum transfer price : Aulman Inc. has a number of divisions, including a Furniture Division and a Motel Division. The Motel Division owns and operates a line of budget motels.
Percentage change in the price of bond dave : If interest rates suddenly rise by 1 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e.g. 0.0123).
What is an example of art that perhaps is overlooked : What do YOU think happened to the Lost Colony of Roanoke? Someone talks about idea that art is everywhere. What is an example of art that perhaps is overlooked?
What is the maximum transfer price : Aulman Inc. has a number of divisions, including a Furniture Division and a Motel Division. The Motel Division owns and operates a line of budget.
Calculate and insert the number of delinquent records : Calculate and insert the number of delinquent records, history and physical exam reports (H & Ps), and operative reports permitted according the Medical Staff
What are three benefits to humanity of space exploration : What are three benefits to humanity of space exploration? What are reasons why pre-employment drug testing can reduce turnover or violate employees' rights?

Reviews

Write a Review

Finance Basics Questions & Answers

  Lay out the firm pro forma balance sheet

Cheryl Colby, the CFO of Charming Florist Ltd., has created the company's pro forma balance sheet for the next fiscal year. Sales are projected to grow at 10% to the level of $330 million.

  What is the cost of the bear put spread

Consider a long box spread using AZN by buying a bull call spread and buying a bear put spread. Answer the following questions. A) What is the cost of the bull call spread? B) What is the cost of the bear put spread?

  Minimum average collection period

The minimum average collection period required to approve the cash discount plan is _________days?

  Rapidly rising cost of a college education

A father, concerned about the rapidly rising cost of a college education, is planning a savings program to put his daughter through college. She is now 13 years old, plans to enroll in the university in 5-years time

  What is the accumlated sum of the stream of payments

What is the accumlated Sum of the following stream of payments? $11,753 every year at the beginning of the year for 13 years, at 5.88 percent, compounded annually. Round the answer to two decimal places.

  Find the expected stock price

Taylor Corporation's expected year-end dividend is $1.60, its required return is 11 percent, its dividend yield is 6 percent, and its growth rate is expected to be constant in the future.

  Employee development planning in organization

Your chosen organization has requested you to prepare your development plan, which has high input in its strategic plan. In your endeavour kindly address all the below listed points.

  What is the future value

The Great Giant Corp. has a management contract with its newly hired president. The contract requires a lump sum payment of $24,100,000 be paid to the president upon the completion of her first 9 years of service. The company wants to set aside an eq..

  1 you have just been hired as a financial analyst for basel

1 you have just been hired as a financial analyst for basel industries. unfortunately company headquarters where all of

  Currency value and its effect on trade

Explain how a rise in the euro might affect a French company exporting wine to the U.S., and compare that to the impact on a German firm importing semiconductors from the U.S.

  Placed an order to sell the position

The largest hedge fund company in America and I entered into a long position at exactly the same time at 10:20 am this morning in the same security. At 3:00 pm both of us placed an order to sell the position.

  Identify three prominent figures in the harlem renaissanc

Identify three prominent figures in the Harlem Renaissance, note the contributions of each, and note their collective impact on American society.

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