What is the price of the bond

Assignment Help Finance Basics
Reference no: EM133110486

A $15,000 bond with semi-annual coupons is redeemable at 104 in 8 years. It is purchased to yield j2 = 13.335% with a total write-up (absolute value) of $1071.60. What is the price of the bond?

Reference no: EM133110486

Questions Cloud

What is a : You deposit $A today in a fund paying interest at j4 = 6%. You plan to make quarterly withdrawals for 5 years (for a total of 20 withdrawals), with the first de
How do you find the value of the player contract today : Assuming end-of-year salary payments, how do you find the value of the player's contract today if the player has a discount rate of 8%
What is ted equity position : What is Ted's equity position (that is, how much of the car does he "own") at the end of 7 years? (answer to nearest dollar)
What is the price of the bond : A $10,000 bond is purchased at a price to yield j2 = 6%. The bond pays semi-annual coupons at j2 = 7.5%. You are given that the absolute value of the write-dow
What is the price of the bond : It is purchased to yield j2 = 13.335% with a total write-up (absolute value) of $1071.60. What is the price of the bond?
Should td bank replace all its existing photocopiers : TD Bank is considering replacing all of its existing photocopiers in its corporate office with new ones. They can replace it with Canon, which will cost $350,00
Calculate the duration of the bond : If current market interest rates are 2.2% p.a. (B.E.Y. convention - all maturities), calculate the duration of the bond.
Design an on-market plain vanilla swap : Algo Rhythm Ltd (ARL) receives fixed rate income of 4% p.a. paid semi-annually but has borrowed by issuing floating rate notes with a total face value of $3 mil
Understanding Visualisation Techniques Assignment : Understanding Visualisation Techniques Assignment - Appreciate the importance of visualisation as means to address information overload for managers

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