You are considering a 10-year, $1,000 par value bond. Its coupon rate is 9%, and interest is
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Question:
You are considering a 10-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semi-annually. If you require an "effective" annual interest rate (not a nominal rate) of 8.25%, how much should you be willing to pay for the bond?
Group of answer choices
$1,098.60
$975.85
$835.87
$1188.45
$1,061.84
Stocks X and Y have the following probability distributions of expected future returns:
Probability | X | Y |
0.1 | (10%) | (35%) |
0.2 | 2 | 0 |
0.4 | 12 | 20 |
0.2 | 20 | 25 |
0.1 | 48 | 55 |
What are the coefficient of variations of both X and Y?
Group of answer choices
1.11 and 1.35
1.02 and 1.47
1.11 and 1.15
1.11 and 1.47
1.02 and 1.15
Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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