At the beginning of the month, you owned $6,900 of Company G, $9,300 of Company S, and $3,600 of Company N. The monthly returns for Company G, Company S, and Company N were 8.55 percent, -1.63 percent, and -.10 percent. What is your portfolio return? (Round intermediate calculations to 2 decimal places.) Explanation Total […]
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Consider a 3.75 percent TIPS with an issue CPI reference of 183.50. At the beginning of this year, the CPI was 190.60 and was at 199.40 at the end of the year. What was the capital gain of the TIPS in percentage terms? Assume semi-annual interest payments and $1,000 par value. (Do not round the […]
What’s the current yield of a 5.75 percent coupon corporate bond quoted at a price of 103.05? Explanation 5.75% ÷ 103.05% = 0.055798 = 5.58%.
What’s the current yield of a 6.50 percent coupon corporate bond quoted at a price of 98.65? (Round your answer to 1 decimal place.) Explanation 6.50% ÷ 98.65% = .06589 = 6.6%
A 4.25 percent corporate coupon bond is callable in four years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond? Answer :- $ 1042.5 Price Paid to the Bondholder if the Issuer Calls […]
What’s the taxable equivalent yield on a municipal bond with a yield to maturity of 5.0 percent for an investor in the 33 percent marginal tax bracket? (Round your answer to 2 decimal places.) Explanation Use equation 6.4: Equivalent taxable yield =Muni yield1−tax rate=5.00%1−.33=7.46%Equivalent taxable yield =Muni yield1−tax rate=5.00%1−.33=7.46%
A bond issued by a corporation on September 1, 1989 is scheduled to mature on September 1, 2039. If today is September 2, 2009, what is this bond’s time to maturity? Explanation September 1, 2039 – September 2, 2009 = 30 years
Calculate the price of a zero coupon bond that matures in 5 years if the market interest rate is 6.50 percent. Assume semi-annual interest payments and $1,000 par value. (Round your answer to 2 decimal places.) use semi-annual compounding: PV =FVN(1+i)N=$1,0001.032510=$1,0001.3769=$726.27
Which of the following options is a trait of Mannerism? Figures are arranged in way that is unnatural
Which of the answer choices did NOT influence artistic development during the Dutch Republic? The aristocracy in Holland became powerful during this time.
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