Question: EFN406 MODULE03 QUESTION12 O Q [5 https://b|ackboard.qut.edu.au/webapps/assessment/take/launchJsp?course_assessment_id=_... GK $3, 6 El & B {E s U Hut: (9 False QUESTION 12 When Polycorp issued its

EFN406 MODULE03 QUESTION12

O Q [5 https://b|ackboard.qut.edu.au/webapps/assessment/take/launchJsp?course_assessment_id=_... GK $3, 6 El & B {E s U Hut: (9 False QUESTION 12 When Polycorp issued its debentures three years ago, they had six years remaining to maturity. Using the following information, calculate the price of the debentures today. Face value = $100 Coupon Rate = 0.07 Yield 2 0.07 Both the coupon rate and the yield are expressed as decimals, e.g. 12% pa is expressed as .12 Calculate the price accurate to two decimal places. Do not enter the 5 sign. QUESTION 13 A friend of QUT wishes to establish a trust to pay a perpetual scholarship in the memory of his mother. The scholarship would be offered every three years immediately. The amount of the scholarship would be $30000. How much would he have to pay into a trust fund now to meet its commitments, if the func annum? 0 630000 0 Unable to calculate because you need a three year rate and this is not given. 0 190325 0 230000

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