What was your total return for the past year

Assignment Help Finance Basics
Reference no: EM13260248

You purchased a zero-coupon bond one year ago for $276.33. The market interest rate is now 8 percent.

Required:

If the bond had 17 years to maturity when you originally purchased it, what was your total return for the past year

 

Reference no: EM13260248

Questions Cloud

What is vickreys diluted earnings per share : The firm is in a 30 percent tax bracket. What is Vickrey's diluted earnings per share?
What is the size of the induced current in the loop : A 18.0cm × 18.0cm square loop of wire lies in the xy-plane with its bottom edge on the x-axis. The resistance of the loop is 0.530?. What is the size of the induced current in the loop at t = 0.550s
Dualism in late zoroastrianism and in gnosticism : Contrast the cosmic dualism of Chinese yin-yang with forms of dualism in late Zoroastrianism and in Gnosticism.
Determine the distance between her glasses and eyes : Your physics TA has a far point of 0.711 m from her eyes and is able to see distant objects in focus when wearing glasses with a refractive power of ?1.47 D. Determine the distance between her glasses and eyes
What was your total return for the past year : If the bond had 17 years to maturity when you originally purchased it, what was your total return for the past year
Relative to investigations and prosecution : Where is the United States lacking with respect to cybercrime laws relative to investigations and prosecution? Are there any bills in process and how will they help?
What must the coupon rate be on the bonds : Osbourne Corporation has bonds on the market with 15.0 years to maturity, a YTM of 10.3 percent, and a current price of $954. The bonds make semiannual payments.
Stotic view of the cause and cure of the human problem : Describe the Stotic view of the cause and cure of the human problem, including such concepts as Divine Logos (Reason), Phusis, and apatheia.
Compute vthe tension in the string : You are given a pendulum composed of a 0.028 kg mass on the end of a 0.47 m long massless string. compute the tension in the string when the mass is at the release point, ? = 48°

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine credit card balance after two years

Leslie receive $2000 a month and rents an apartment for $600 a month, and also has a credit card with an yearly interest rate of 7 percent and a balance of $1500.

  Find break-even point in units

ABC Corporation sell for $20 per unit, and the variable cost to produce them is $15. Gateway estimates that the fixed expenses are $80,000.

  Evaluate how many shares will be repurchased

Evaluate how many shares will be repurchased and what is the value of equity after the repurchase has been completed? What is the price per share?

  True or false question based on corporate tax

Cardinal, LLC incurred $20,000 of startup costs, $3,000 of organizational costs, and paid $10,000 in transfer taxes to change the title of a building contributed by one of LLC's members.

  Discuss the effect of higher interest rates

Mike Lane will have $5 million to invest in 5 year United State Treasury bonds three months from now. Lane believes interest rates will fall during the next 3 months and wants to take advantage of prevailing interest rates by hedging against a declin..

  What price should they charge for these bonds

ABC wants to issue 12-year, zero coupon bonds that yield 8.73 percent. What price should they charge for these bonds if they have a par value of $1000? That is solve for PV. Assume compounding.

  What is the value of the bequest immediately

What is the value of the bequest immediately after the first payment is made?

  Computation of cost of equity, rate of return and wacc

Computation of cost of equity, Rate of return and WACC and What is the cost of equity for ABC and What is it for XYZ

  Present values of several cash flows

Evaluate the present value of a $270 cash flow for the following combinations of discount rates and times:

  Compute the present value of stock

The Ectoplasto Drug Corporation's common stock is considered highly speculative. Security analysts think that over next year 4 possible outcomes are possible for corporation's research program.

  Purchasing a lifetime subscription

Your subscription to Jogger's World is about to run out and you have the choice of renewing it through sending in the $10 a year regular rate at the end of each year or of getting a lifetime subscription to the magazine through paying $100 today.

  Paraphrasing this with us dollar and euro dollar

please paraphrasing this with US dollar and EURO dollar Local currency is US dollar and foreign currency is EURO dollar

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