In Section 24 3 we stated that in 2001 the duration of the 4 5 8s of 2006 was 4 36 years Construct a table like Table 24 2 to show that this is so Proportion of Total Value (PV(C,J V) Proportion of Total Value x Time PV(C) at 4 9 Year 68 75 68 75 68 75 68 75 1068 75 65 54 62 48 59 56 56 78 841 39 0...

The duration stated in Section 243 is 4574 years The table below ...

In Section 24.3 we stated that in 2001 the duration of the 4 5/8s of 2006 was

Question:

In Section 24.3 we stated that in 2001 the duration of the 4 5/8s of 2006 was 4.36 years. Construct a table like Table 24.2 to show that this is so.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

See More Books

Question Posted: Jun 09, 2011 06:01 AM

See More Questions

Construct a table like Table 20-1 for eight molecules.
Construct a table like that shown in Figure C.25 to check for WAW stalls in the MIPS FP pipeline of Figure C.35. Do not consider FP divides. Figure C.25 Integer unit EX FP/integer multiply H0000 M2 |...
Construct a table like the one in this appendix on page 144 but assume that the rent ceiling is $2,000 rather than $1,500?
Required Use the Target Corporations annual report in Appendix B to answer the following questions. a. What was Targets current ratio for its fiscal-year ended February 1, 2014 (2013) and 2012? b....
Which of these does a transformer change: voltage, current, energy, power?
Snowy River Stallion Inc. produces horse and rancher equipment. Costs from Support Department 1 are allocated based on the number of employees. Costs from Support Department 2 are allocated based on...
Predicting Delayed Flights. The file FlightDelays . jmp contains information on all commercial flights departing the Washington, DC area and arriving at New York during January 2004. For each flight...
Knickknack, Inc., manufactures two products: odds and ends. The firm uses a single, plantwide overhead rate based on direct-labor hours. Production and product-costing data are as follows:...
Caltex Ltd's cost of equity is 15 percent, and its "after-tax" cost of debt is 5 percent. If the company is financed with 40 percent ordinary shares, what is the weighted average cost of capital for...
Refer to Exercise 29 of Section 4.2. For what values of h will a sensitivity analysis on the effect of a change of h pounds of peat be valid? In exercise A lawn and garden store creates three...
Many companies calculate the internal rate of return of the incremental after-tax cash flows from financial leases. What problems do you think this may give rise to? To what rate should the IRR be...
The formula for the duration of a perpetual bond which makes an equal payment each year in perpetuity is (1 + yield)/yield. If bonds yield 5 percent, which has the longer durationa perpetual bond or...
Ashley (a single taxpayer) is the owner of ABC LLC. The LLC (which reports as a sole proprietorship) generates QBI of $900,000 and is not a specified services business. ABC paid total W2 wages of...
Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each contributed $ 1 3 8 , 0 0 0 , and Keon transferred an acre of undeveloped...
ABC, Co . uses a standard costing system in the manufacture of its single product. The 3 5 , 0 0 0 units of raw material purchased and used cost $ 1 0 5 , 0 0 0 , and two units of raw material are...
Is it important to build trust with participants before asking your participants the interview questions? Does this same trust building applies to leader-employee relationships, as well ?
The following information was obtained from the records of Shae Incorporated: Merchandise inventory $ 1 4 4 , 0 0 0 Notes payable ( long - term ) 1 6 0 , 0 0 0 Net sales 4 8 0 , 0 0 0 Buildings and...
Last month when Holiday Creations, Incorporated, sold 4 3 , 0 0 0 units, total sales were $ 1 7 2 , 0 0 0 , total variable expenses were $ 1 3 9 , 3 2 0 , and fixed expenses were $ 3 5 , 3 0 0 ....
The studies in a city have shown that water consumption is a function of three climatic variables, including precipitation, weather humidity, and average temperature. The monthly data of water...
When the concentration of a strong acid is not substantially higher than 1.0 10-7 M, the ionization of water must be taken into account in the calculation of the solution's pH. (a) Derive an...
What is a spontaneous process? Provide an example.
Utility companies often face a decision to build new plants that burn coal, oil, or both. If the prices of both coal and gas are highly volatile, how valuable is the decision to build a plant that...
Star Mining buys a gold mine, but the cost of extraction is currently too high to make the mine profitable. In option terminology, what type of option(s) does the company have on this mine?
Star Mining buys a gold mine, but the cost of extraction is currently too high to make the mine profitable. In option terminology, what type of option(s) does the company have on this mine?
Mr . Frimpong is a used clothing dealer in Accra. The business recorded a turnover of Ghs 7 5 , 0 0 0 in 2 0 1 7 . During the year, Mr . Frimpong had the following expenditures, receipts and...
1. What are the goals of the purchasing department? 2. What is the role of the purchasing department in the organization? 3. What is the purchasing policy in place for purchases? 4. Why didn't the...
This is a two-part assignment. I want to expose you to another deduction that arises with micro and small businesses. That is Tax-in-Gross. If you say it carefully you may be able to visualize why...

In Section 24.3 we stated that in 2001 the duration of the 4 5/8s of 2006 was

Question:

Proportion of Total Value (PV(C,J/V) Proportion of Total Value x Time PV(C) at 4.9% Year 68.75 68.75 68.75 68.75 1068.75 65.54 62.48 59.56 56.78 841.39 0.060 0.058 0.055 0.052 0.060 0.115 0.165 0.209 3 0.775 1.000 3.875 Duration = 4.424 years V= 1085,74 %3D 123 45

Step by Step Answer:

The duration stated in Section 243 is 4574 years The table below ...View the full answer

Principles of Corporate Finance

Students also viewed these Corporate Finance questions