When it was selling for 998 percent of par today you sold

Assignment Help Finance Basics
Reference no: EM13573397

One year ago, you purchased a 7 percent coupon bond with a face value of $1,000 when it was selling for 99.8 percent of par. Today, you sold this bond for 100.5 percent of par. What is your total dollar return on this investment?

a. $63
b. $69
c. $70
d. $72
e. $77

Reference no: EM13573397

Questions Cloud

Discuss the situation in which corporations have to choose : discuss the situation in which corporationshave to choose trade-off theory of capital structure in order tooptimize
Job order cost accounting system during one month bard : job order cost accounting system. during one month bard purchased 198000 of raw materials on credit issued materials to
Ben corp grants its customers 30 dyas credit the company : ben corp grants its customers 30 dyas credit. the company uses the allowance methods for its uncollectible accounts
After you have viewed the film and formulated your own : your assignment is to write a 750-word essay word count is approximate that responds to one of the questions
When it was selling for 998 percent of par today you sold : one year ago you purchased a 7 percent coupon bond with a face value of 1000 when it was selling for 99.8 percent of
The new sewing machine would be depreciated according to : hiland inc. manufactures snowsuits. hiland is considering purchasing a new sewing machine at a cost of 2.45 million.
A firm uses a single discount rate to compute the npv of : a firm uses a single discount rate to compute the npv of all its potential capital budgeting projects even though the
Allison radios manufactures a complete line of radio and : allison radios manufactures a complete line of radio and communication equipment for law enforcement agencies. the
Pierres hair salon is considering opening a new location in : pierres hair salon is considering opening a new location in french lick california. the cost of building a new salon is

Reviews

Write a Review

Finance Basics Questions & Answers

  Why is the coefficient of variation a better risk measure

why is the coefficient of variation a better risk measure to use than the standard deviation when evaluating the risk

  What happens to present value factor as the discount rate

what happens to present value factor as the discount rate or interest rate increases for a given time period? what

  How much money do you have in the account

You just won $25,000 in the lottery. You decide you want to buy a sportscar. You don't want to buy the car now but want to wait for 5 years when you will be 25 and your insurance premiums will be affordable. You think you can earn 8% on the mo..

  Calculate the current yield on this bond

What dollar amount of interest will he receive from this bond every six months? Explain or show work.

  Here is another assignment but this time just 4 questionsit

here is another assignment but this time just 4 questionsit is about verizon inc. corporationquestions1 evaluate the

  The common stock of alpha manufacture

The common stock of Alpha Manufacture has a beta of 1.25 and actual expected return of 10.50%. The risk-free rate of return is 2.0% and market return is 12.30%. what is the current price of the stock?

  Determine primary roles of the sec

Determine three primary roles of the SEC and explain how does the Sarbanes Oxley Act augment the SEC's role in managing financial governance? Do you think that businesses are more ethical after the passing of the Sarbanes Oxley Act?

  Analyze mark budget as a financial planning

Analyze Mark's budget as a financial planning tool for making decisions in the following situations. In each case, how will other financial planning tools affect Mark's decisions?

  If john is investing 200000 then what is the dollar range

john is investing in the sampp 500. his expected return on the sampp 500 is 10 with a standard deviation of 4. if

  Consider an 8 coupon bond selling for 95310 with 3 years

consider an 8 coupon bond selling for 953.10 with 3 years until maturity making annual coupon payments. the interest

  What is the project financial break even point in units

What is the project's financial break even point in units?

  How large must the deposit be

How much will be in the account immediately after you make the first withdrawal? Round your answer to the nearest cent.

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