User Account

All Pages

What is predicted to be the bond new price

Assignment Help Finance Basics
Reference no: EM133075004

A bond has a duration of 7.865 and the current yield-to-maturity is 4.79%. If the current bond's price is $1,189.21 what is predicted to be the bond's new price if interest rates suddenly jump upwards by 0.45%? State your answer as a dollar amount with two decimal places.

Reference no: EM133075004

Questions Cloud

Firm earnings before interest and taxes : The firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and pays a tax rate of 20%.
What should total sales revenue be : What should total sales revenue be if territories E and W estimate sales of 50,000 and 100,000 units, respectively, and the unit selling price is $65
How long will they take to triple sales : If they can grow their sales at a rate of 9.5 percent every year, how long will they take to triple their sales? (Round to the nearest year)
What is the reserve to be maintained with fed : A bank has an average balance of transactions accounts, August 10 to 23, of $824.46 million. The average balance in the cash account is $42.014 million over thi
What is predicted to be the bond new price : A bond has a duration of 7.865 and the current yield-to-maturity is 4.79%. If the current bond's price is $1,189.21 what is predicted to be the bond's new price
Compute the inventory valuation : Using the lower-of-cost-or-market approach applied on an individual-item basis, compute the inventory valuation that should be reported for each product
Why is property tax considered an onerous tax : Why is Property tax considered an onerous tax? What are the most easily adopted property tax reforms, and why is it difficult to achieve these reforms?
Higher level of interest rate risk : Two bonds both have a 7% coupon rate. Bond A has a longer maturity than Bond B. Which bond has the higher level of interest rate risk?
Explain the internal rate of return method : In a construction job that is expected to last 4 years, a conveyor with a cost of $ 10,000 is proposed as an alternative for handling materials; with annual ope

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd