What price should be paid for a $5000-face-value strip bond with 19.5 gears remaining to maturity if
Question:
What price should be paid for a $5000-face-value strip bond with 19.5 gears remaining to maturity if it is to yield the buyer 2.1% compounded semiannually?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (13 reviews)
Price Present value of the 5...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Question Posted:
Students also viewed these Mathematics questions
-
What price should be paid for a $5000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 6.1% compounded semiannually?
-
A video game producer has costs of $ 25,000 per month that are fixed with regard to output. The firms marginal cost is $ 5 per unit of output for output between 1 and 15,000 units. Information...
-
A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 10% semi-annually. Calculate its yield to maturity if it is priced at $1100
-
On June 15, 2020, Smithson Foods purchased $1,000,000 of 2.5 percent corporate bonds at par and designated them as availableforsale investments. On December 31, 2020, Smithsons yearend, the bonds are...
-
A rigid tank of volume 10 m3 contains superheated steam at 1 MPa and 400oC. Due to heat loss to the outside atmosphere, the tank gradually cools down to the atmospheric temperature of 25oC. Determine...
-
A program or class that instantiates objects of another prewritten class is a(n) _____________. a. Class client b. Superclass c. Object d. Patron
-
Comparative figures from the statement of financial performance of Misty Ltd are shown below. Required (a) Prepare common size statements for the company for both years, and comment on any...
-
Using the information given, construct a network diagram using AONnotation. Most Optimistic Likely Pessimistic Time Time Time Estimate Estimates Estimates Immediate Activity (weeks (weeks) (eks)...
-
Can energy storage be a game changer? If yes, provide at least 2 reasons why you think so. If no, provide at least 2 reasons why you don't think so. Give two examples of storage technologies...
-
On July 1, Year 4, Aaron Co. purchased 80% of the voting shares of Bondi Ltd. For $543,840. The statement of financial position of Bondi on that date follows. The accounts receivable of Bondi were...
-
A payment of $1300 is scheduled for a date 3 1/2 years from now. What would be an equivalent payment 9 months from now if money is worth 3.5% compounded quarterly?
-
If an investor has the choice between rates of 1.5% compounded semiannually and 1.6% compounded annually for a six-year GIC, which rate should be chosen?
-
The volatility of a stock price is 30% per annum. What is the standard deviation of the percentage price change in one trading day?
-
A crackle test can show the presence of emulsified water in oil quite dramatically. When the amount of emulsified water becomes extreme, what are two ways to detect it visually?
-
Assume the settlement quote for September Treasury Bonds on May15h was 115-203. If the settlement price decreased by 13.1 points since the prior trading day, calculate settlement quote for September...
-
A company is deciding on at least three of five similar processes that should be implemented. The net present value (NPV) and capital required in thousands of dollars for each process are shown in...
-
1. What is the balance sheet date of Verizon's most recent year end? 2. Verizon rounds it financial statements to the nearest 3. Locate the income statement. Verizon calls this the Consolidated...
-
Optical receivers are widely used in Laser pointer, Time of Flight (TOF), and many other applications. Since detected light in sensor induces small current change, we need to change current signal to...
-
At December 31, 2019, the trial balance of Darby Company contained the following amounts before adjustment. ______________________________________Debit Credit Accounts...
-
C- Consider the following scenario:- A supermarket needs to develop the following software to encourage regular customers. For this, the customer needs to supply his/her residence address, telephone...
-
Refer to Exercise 13.123. Is there more variation in the amount of debt of the self-employed than for employees (DEBT)? In exercise 13.123 The financial rewards for self-employment can be...
-
Refer to Exercise 13.123. Is there enough evidence to conclude that the variation in net worth is greater for the self-employed than for employees (NETWORTH)? In exercise 13.123 The financial rewards...
-
The financial rewards for self-employment can be considerable. The downside may be that one works long hours accruing debts with little or no financial return. As a result we theorize that the...
-
Assume we are using MergeSort on comparable Students who are compared with respect to their gpa. Assume we have an array of 8 students: [{name:"Ali", gpa:2.9}, {name:"Aye", gpa:3.1}, {name:"Sevil",...
-
Consider a two-input neuron that multiplies its two inputs x1 and x2 to obtain the output 'o'. Let L be the loss function that is computed at 'o'. Suppose that if the values of 044 = 5, x1 = 2, and...
-
The classification problem with four classes of input vector are Class 1: {p = [1], P2 = [2]}, Class 2: {p3 = [21],P4 = []}, Class 3: {ps = [2], P6 = []}, Class 4: {p7 = [1], P = [2]} Design a...
Study smarter with the SolutionInn App