What is predicted to be the bond new price

Assignment Help Finance Basics
Reference no: EM133072392

A bond has a duration of 5.2, a yield-to-maturity of 5.82%, and convexity of 109.87. If the current bond's price is $1,226.99 what is predicted to be the bond's new price if interest rates suddenly jump upwards by 1.47%? State your answer as a dollar amount with two decimal places.

Reference no: EM133072392

Questions Cloud

Calculate the npv-irr and the mirr : Class, Evans Engineering, Inc. is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget.
Discuss recording property, plant, and equipment : Discuss recording property, plant, and equipment at its historical cost and then recording depreciation over the useful life
What is the longest tenure as a ceo : Answer the following problem using Stata commands subject to the following restriction: your sample should include only CEOs who are older than 45 and who have
How much can mrs moneybags give to each of her children : How much can Mrs. Moneybags give to each of her children, daughter in-law and grandchildren this year and avoid filing a federal gift tax return
What is predicted to be the bond new price : A bond has a duration of 5.2, a yield-to-maturity of 5.82%, and convexity of 109.87. If the current bond's price is $1,226.99 what is predicted to be the bond's
Benefit of the members : These are non-profit financial cooperatives owned by the members and operated for the benefit of the members.
Prepare a make or buy analysis of costs for this part : Kando Company currently pays $12 per unit to buy a part for a product it manufactures. Prepare a make or buy analysis of costs for this part
Calculated share price : This question is related to Stocks valuation in Financial Management subject. We calculated share price of ABC company as 4.58$ with the help of Discounted Free
Compute the income increase or decrease : A manufacturer is considering eliminating a segment because it shows the following $6,600 loss. Compute the income increase or decrease

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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