User Account

All Pages

What is predicted to be the bond new price

Assignment Help Finance Basics
Reference no: EM133111983

A bond has a duration of 6.607 and the current yield-to-maturity is 4.5%. If the current bond's price is $1,087.41 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: EM133111983

Questions Cloud

Expected returns and standard deviation of returns : The table below shows expected returns and standard deviation of returns for different stocks. Which stock has the best risk/return trade off? Explain why.
Make annual end-of-year payments into the account : You need to accumulate $92000 for your child's college education 19 years from now. How much do you need to save each year if you can earn 4 percent after taxes
What is the yield to maturity for bond : The current market price is $820, and the coupon rate is 9 percent with semiannual payments. What is the yield to maturity for this bond?
Entering the late stage of the business cycle : You own shares of Proctor & Gamble (a consumer products firm), Duke Energy (an electric utility), Harley Davidson (a motorcycle firm), Pfizer (a pharmaceutical
What is predicted to be the bond new price : A bond has a duration of 6.607 and the current yield-to-maturity is 4.5%. If the current bond's price is $1,087.41 what is predicted to be the bond's new price
Find the yield-to-maturity : A bond has a duration of 7.48 with a yield-to-maturity of 6. The current bond price is $1,130.05. Convexity for this bond is determined to be 116.21.
Real estate investment property and taxable income : 1. You have one real estate investment property and taxable income is negative, which of the following is correct
Taxes in one year on investment : If the bonds pay an interest rate of 7.5%, how much total interest will Donald earn before taxes in one year on this investment?
Newport-based importer of discount european wine : T. Elliott Inc. is an Newport-based importer of discount European wine. Which of the following two statements is correct?

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