User Account

All Pages

Calculate the approximate percentage change

Assignment Help Business Management
Reference no: EM133034637

You have purchased a bond for R957.90. The bond has a coupon rate of 6.0%, pays interest annually, has a face value of R1 000, 4 years to maturity, and a yield to maturity of 7.25%. The bond's duration is 3.6481 years. You expect that interest rates will decrease by 0.25% later today.

1. Calculate the approximate percentage change in the bond's price using the modified duration.

2. Find the new price of the bond from this calculation.

Reference no: EM133034637

Questions Cloud

How will operating income be affected : Question - Mickey Tire Company makes a special kind of racing tire. Variable costs are $260 per unit, how will operating income be affected
Determine the amount to be recognized as finance costs : Determine the amount to be recognized as finance costs for each of the affected financial years ending 31 December
What is that cost of goods sold : What production level for the remainder of the year gives the largest cost of goods sold for the year? What is that cost of goods sold
What are King consolidation entries required : During 2021, King reported sales of $ 800,000 and cost of goods sold of $600,000. What are King's consolidation entries required by the intra-entity inventory
Calculate the approximate percentage change : 1. Calculate the approximate percentage change in the bond's price using the modified duration.
Evaluate presentation using presentation review techniques : Presentation delivery and evaluation project - evaluate the presentation using the presentation review techniques and to identify changes you could make
Information systems review question : You are the CIO of a small company with a rapidly growing customer base. Which CRM system would you use and why: on premise CRM system, on demand CRM system
Logic unit components of a processor : -Describe the control unit and arithmetic logic unit components of a processor, and explain the four steps in a machine cycle
Demands of legal policies and ethical issues : What are the demands of legal policies and ethical issues

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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