Bond based on the closing pricing

Assignment Help Basic Statistics
Reference no: EM132038535

Rocky Mountain Inc (RM) has an outstanding corporate bond with 5 years to maturity, face value of $1000 and a credit rating of BB. The bond pays semi-annual coupon with a coupon rate of 8%. The closing price of the bond on 6/8/2018 is 98.2. as percentage of face value in the market. Bond price = Bond quote% x Bond Face Value

How to calculate the YTM of RM's 5-year bond based on the closing pricing.

Reference no: EM132038535

Questions Cloud

What is the bond current market price : Madsen Motors's bonds have 6 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 10.5%.
Should wpc implement the investment project : Should WPC implement the investment project?
What are the portfolio weights of stock : If you own 500 shares of Alaska Air at $46.48, 550 shares of Best Buy at $54.92, and 300 shares of Ford Motor at $8.66, what are the portfolio weights
Explore the functions of communication in given processes : Explore the functions of communication in the strategic and program planning processes for a health care organization. Consider the topics discussed.
Bond based on the closing pricing : How to calculate the YTM of RM's 5-year bond based on the closing pricing.
Compute the realized rate of return for an investor : Compute the realized rate of return for an investor who purchased the bonds when they were issued and held them until they were called.
What is the best estimate of these bonds remaining life : What is the best estimate of these bonds' remaining life?
State the title of the public health program evaluation : Analyzing and interpreting programs is another significant process of program evaluation. Conducting an evaluation means reviewing all sections starting.
How much should you be willing to pay for bond x today : How much should you be willing to pay for Bond X today? (Hint: You will need to know how much the bond will be worth at the end of 5 years.)

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd