What is the cash price of the bonds to nearest dollar

Assignment Help Financial Management

Reference no: EM131524958

You are planning on buying $100,000 face value of Australian Commonwealth Government Bonds. The bonds mature on 15 February 2021 and have a coupon rate of 4.75%. If your purchase will settle on 27 April 2012, and the quoted yield for the bond is 4.57%, what is the cash price of the bonds to the nearest dollar?

Reference no: EM131524958

Questions Cloud

Examine the terrorist group : Describe the key reasons why your chosen country has been designated by the U.S. Department of State as a state sponsor of terrorism

Discuss the integration management techniques : What are the potential ramifications/consequences of not utilizing integration management techniques(IMT) while planning and implementing a project?

What are some of the most common mistakes made : What are some of the most common mistakes made when collecting data for analysis? What are the advantages and disadvantages of each?

Dividend growth model is used for share valuation purposes : The dividend growth model is used for share valuation purposes. Bond market conventions state compounding is as frequent as interest(coupon) payments.

What is the cash price of the bonds to nearest dollar : what is the cash price of the bonds to the nearest dollar?

How the story has changed or remained consistent : how the story has changed or remained consistent throughout the years. If you can, please share what you know about how the story was originated.

Determine the pessimistic and optimistic : determine the pessimistic-optimistic and most likely total annual costs, A_T, Of the structure.

What were some of the religious roots and new directions : What were some of the religious 'roots' and 'new directions' brought about by immigration to America in the mid-19th century?

What is the maximum level of net benefits : Your firm's research department has estimated your total revenues to be??28000,3QQQR??and your total costs to be ??22100QQC??.

User Account

All Pages