What is the modified duration of this bond

Assignment Help Managerial Accounting
Reference no: EM133417420

Question: A bond currently sells for $1160, which gives it a yield to maturity of 6%. Suppose that if yield increases by 30 basis points, the price of the bond falls to $1135. what is the modified duration of this bond?

Reference no: EM133417420

Questions Cloud

What is the standard definition of gender and transgenderism : What is the standard definition of Gender and transgenderism? What is a thesis statement about the Western concepts of Gender and transgenderism
Discuss the application to best practices : Discuss the application to best practices Properly reference your article in your paper using APA style
How successful or unsuccessful has this person been : Identify an individual who could serve as an example of a transformational leader. How successful or unsuccessful has this person been?
Review and analyze the work of anthropologists : Review and analyze the work of anthropologists in a site where remains of hominins were found (early hominins
What is the modified duration of this bond : A bond currently sells for $1160, which gives it a yield to maturity of 6%. Suppose that if yield increases by 30 basis points, the price of the bond falls
What would you need the champagne for a wedding function : What would you do if a supplier rang to tell you a champagne delivery was going to be late and you need the champagne for a wedding function?
What is the practice in your own subculture : what is the practice in your own subculture? Do you see any similarities to the articles and themes you analyzed? Are there important differences
What the forensic anthropologist can confidently assess : what the forensic anthropologist can confidently assess on the skeleton? Describe at least 2 examples, each from a separate part of the profile
What additional information would you require : Assume the Glass Division has no excess capacity and can sell everything produced externally. What is the maximum amount the Perfume Division would be willing

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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