What is the price of the security

Assignment Help Finance Basics

Reference no: EM13754408

A Treasury dealer quotes the following 182-day bill at a 3.956% discount. What is the price of the security?

Reference no: EM13754408

Questions Cloud

Account title and the amount of the adjustment : Prepaid rent at 1/1/1X was $25,000. During 201X, rent payments of $123,000 were made and charged to "rent expense." The 201X income statement shows as a general expense the item "rent expense" in the amount of $122,000. You are to prepare the missing..

L ast quarter the semiannual rate : Calculate the duration of the following security: 1.25-year floating coupon paying float + 50 bps semiannually. You know that last quarter the semiannual rate was 6.4%.

What is the appropriate total budget for the department : At the beginning of the period, the Cutting Department budgeted direct labor of $155,000, direct material of $165,000 and fixed factory overhead of $15,000 for 9,000 hours of production. The department actually completed 10,000 hours of production. W..

Units of production-flexible budget would show what : Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric power. Total fixed costs are $23,000. At 12,000 units of production, a flexible budget would show what?

What is the price of the security : A Treasury dealer quotes the following 182-day bill at a 3.956% discount. What is the price of the security?

(weighted average cost of capital) the capital structure : (Weighted average cost of capital) the capital structure for the Carion Corporation is provided here. The company plans to maintain its debt structure in the future. If the firm has an after-tax cost of debit of 6.3 percent, a cost of preferred stock..

Income before income taxes and extraordinary items : An income statement shows "income before income taxes and extraordinary items" in the amount of $3,000,000. The income taxes payable for the year are $1,500,000, including $260,000 that is applicable to an extraordinary gain. Thus, what is the "incom..

What must the coupon rate be on the bonds : 1.Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon..

General fund receives electric bill for entire government : Which classification of expenditures would be the following scenario? The general fund receives an electric bill for the entire government. The General fund paid the bill.

User Account

All Pages