What the Macaulay duration of this bond

Assignment Help Financial Accounting
Reference no: EM132995831

Problem - A corporate bond pays half-yearly coupons. Its annual coupon rate is 27%. Its par value at maturity is $1,000. The bond matures in 2 years. Its annual yield to maturity is currently 15%. What the Macaulay duration of this bond?

Reference no: EM132995831

Questions Cloud

Identify the state where the organization is located : Identify the state where the organization is located. Is the state a right-to-work state? If yes, explain what this means. If no, explain what this means
Prepare statements of comprehensive income : Prepare statements of comprehensive income under variable and absorption costing for the year ended December? 31, 2018
Prepare condensed divisional income statements : Prepare condensed divisional income statements for the year ended December 31, 20Y7, assuming that there were no service department cost allocations
Analysis to leadership for selecting a performance appraisal : Analysis to leadership for selecting a performance appraisal system - challenging and the differences among appraisal systems
What the Macaulay duration of this bond : Its par value at maturity is $1,000. The bond matures in 2 years. Its annual yield to maturity is currently 15%. What the Macaulay duration of this bond
Make the necessary journal entries for December : Hipointe Cafeterias is unable to pay its supplier, National Foods, $20,000 that is currently due on an account payable. Make the necessary journal entries
What is the modified internal rate of return : DYI Construction Co. is considering a new inventory system that will cost $750,000. What is the modified internal rate of return
Evaluate ryanairs behavior : Evaluate Ryanairs behavior, especially in light of the questionable practices discussed in the case. What changes, if any, would you recommend to CEO Michael
Pass the necessary consolidation journal entries : Pass the necessary consolidation journal entries and the journal entries to record the non-controlling interest if the non-controlling interest in the acquirer

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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