What is predicted to be the bond new price

Assignment Help Finance Basics
Reference no: EM133075205

A bond has a duration of 7.506 and the current yield-to-maturity is 4.6%. If the current bond's price is $1,193.43 what is predicted to be the bond's new price if interest rates suddenly jump upwards by 0.4%? State your answer as a dollar amount with two decimal places.

Reference no: EM133075205

Questions Cloud

What is the beta of the stock of omega electronics : The rate of rate on the stock of Omega Electronics and on the market portfolio for 6 periods has been as follows:
Calculate weighted average cost of capital : ABC Ltd has the following capital structure as per its latest balance sheet Description Amt Rs
Technology to support learning in early childhood education : Discuss benefits of using technology to support learning in early childhood education classrooms. What are drawbacks and how can you plan for ahead of time?
Calculate the beta of the stock : The rate of return on stock A and market portfolio for last 10 periods are given below:-
What is predicted to be the bond new price : A bond has a duration of 7.506 and the current yield-to-maturity is 4.6%. If the current bond's price is $1,193.43 what is predicted to be the bond's new price
Total dollar return on investment : The stock pays an annual dividend of $.10 per share. Today, you sold all of your shares for $58.14 per share. What is his total dollar return on this investment
Tomika short-term and long-term goals : What are Tomika's short-term and long-term goals? What is Bryon's? If they marry, how well will their goals mesh or need to adjust?
Resources for professionals and families : You will create conclusion slides wrapping up your presentation on the disability you selected. Create 3-4 additional slides for your presentation.
Present value of client new contract offer : Here is the question: Your client, a professional baseball player is reviewing a new 5-year contract that calls for a signing bonus of $5 million (now), an annu

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