What is the price of these three bonds in dollars

Assignment Help Finance Basics
Reference no: EM13258468

Consider the following three bond quotes: a Treasury note quoted at 96:26, a corporate bond quoted at 102.90, and a municipal bond quoted at 101.55. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?

Reference no: EM13258468

Questions Cloud

Calculate hotel-s phone bills for january and february : A hotel pays the phone company $200per month plus $.15 for each call made. During January 7,000 callswere made. In February 8,000 calls were made. Calculate the hotel's phone bills for January and February.
Case study of legolas company : Legolas Company paid $5,000 cash for executive salaries. When thejournal entry to record this payment was made, the payment wasmistakenly added to the cost of land purchased by Legolas. Thejournal entry needed to correct this error wouldbe:
What is the price paid to the bondholder : A 4.7 percent corporate coupon bond is callable in ten years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
What yield to maturity is the bond offering : A 5.85 percent coupon bond with 18 years left to maturity is offered for sale at $1,055.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)
What is the price of these three bonds in dollars : If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?
What would the world be like without morality : Adam Smith felt self interest was a motivator, does this mean there would be no morality with this viewpoint? If so, what would the world be like without morality?
What is the compound focal length : The focal length of a bi-convex lens is 10 cm. The focal length of a convex-concave thin lens is -20 cm. If placing them in parallel and in close contact, what is the compound focal length
Determine the speed and a suitable number of poles : A 3-phase, 60 Hz supply and two 3-phase synchronous machines are available. Determine the speed, and a suitable number of poles, for each synchronous machine to provide: a) A 3-phase, 180 Hz supply. b) A 3-phase, 500 Hz supply.
Explain irregularly shaped object is placed in a cylinder : a 112.2510g irregularly shaped object is placed in a graduated cylinder that contains 25.0 cm cubed of water. What is the solids density if the new water level was 37.5 cm cubed

Reviews

Write a Review

Finance Basics Questions & Answers

  Computation of the payback period of the investment

Computation of the payback period of the investment and and it is expected to provide cash inflows

  Information about retirement account

Today is Archie's 50th birthday and his retirement account totals $237,000. If he has the shortfall how much additional money should Archie save each year for next 12 years at 8% interest in order to have enough money to purchase an annuity that w..

  Perform the one-period valuation model analysis on the stock

Select a large company that is publicly traded and pays a dividend. Provide a recent price quote on the common stock of the company, and then perform the One-Period Valuation Model analysis on the stock. Why do you think the prices may differ?

  Calculate the after-tax yields on the foregoing investments

Bernie and Pam Britten are a young married couple start careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest.

  Calculate the degree of operating and financing leverage

Corporation X wants to create additional supply development space. The additional space will cost $450,000. The expansion can be financed either by bonds at interest rate of 8 percent, or by selling 40,000 shares of common stock at $20 per share.

  What will the market price of the security

The market price of a security is $55. Its expected rate of return is 9.26%. The risk-free rate is 4.26%, and the market risk premium is 5.26%. Assume the stock is expected to pay a constant dividend in perpetuity.

  Effective cost of trade credit and annual interest rate

The D. J. Masson Corporation needs to raise $500,000 for 1 year to supply working capital to a new store. What is the effective annual interest rate of the costly trade credit?

  Compute the approximate annual rate of return on investment

Compute the approximate yearly rate of return on investment of the following cash discount terms, Compute the amount of interest income received by Husemann Corporation.

  Calculation of adjusted net income

Calculation of adjusted net income using ratio analysis and evaluate the amount of 2007 income taxes the Company saved (or paid) as a result of using the LIFO inventory valuation method

  High-low calculations for breakeven

Select a corporation at that your organization may consider a competitor. Then, using the example of high-low calculations for breakeven, compute that organization's break-even point in sales dollars.

  International business acquisition

Bank selection for international business acquisition.

  Calculation of ebit and sensitivity analysis

Calculation of EBIT and Sensitivity Analysis of The Can-Do Co. is analyzing a proposed 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