What is the price of these three bonds in dollars

Assignment Help Finance Basics
Reference no: EM13289372

Consider the following three bond quotes: a Treasury bond quoted at 104:24, a corporate bond quoted at 97.05, and a municipal bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Do not round intermediate calculations and round your final answers to 2 decimal places.)

Treasury note $
Corporate bond $
Municipal bond $

 

Reference no: EM13289372

Questions Cloud

Oscilloscope screen capture-horizontal grid : The figure below shows an oscilloscope screen capture of a periodic signal. the oscilloscope settings are: time scale = 5 µs/division and voltage scale = 100 mV/division. What are the frequency and the peak voltage level for the signal shown? Ground..
How sensitive is ocf to an increase of one unit : straight line depreciation to zero over the 3 year life; zero salvage value; price =$34.99; variable costs=$23.16; fixed costs=$245,000; quantity sold=94,500 units; tax rate=35%. How sensitive is OCF to an increase of one unit in the quantity sold..
Design a voltage divider : Design a voltage divider that produces 6.3V from a 9V source using two resistor with one of the resistors having a value of 10K.  Show how you get your answer.
How far will it coast back up the ramp : Calculate the momentum pi at the end of the plane in terms of the measured quantities x, y, L, and m. how far will it coast back up the ramp before changing directions
What is the price of these three bonds in dollars : Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Do not round intermediate calculations and round your final answers to 2 decimal places.)
Sketch the potential and the force : A particle moves in a one-­dimensional potential given by V(x) = Vo(e^-ax + bx),(V(x) is potential not velocity), Sketch the potential and the force as functions of x
Evaluate the dielectric constant of the dielectric : A parallel plate capacitor has a capacitance of 6.3 µF when filled with a dielectric. evaluate the dielectric constant of the dielectric
What is the price paid to the bondholder : A 4.6 percent corporate coupon bond is callable in ten 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?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the present value of your expected cash flows

You estimate that the little drive-through coffee kiosk you own will generate ordinary annuity after-tax cash flows of $150,000 per year for the next ten years. If you discount these cash flows at an annual rate of 14%, what is the present value o..

  What is the maximum per check processing cost

he company invests excess cash in money market and earns 8% p.a. The lock-box system will speed up collection by 2.5 days. What is the maximum per check processing cost payable by the firm?

  What return should the average investor expect to receive

Why should investors who identify positive-NPV trades be skeptical about their findings if they don't inside information or a competitive advantage? What return should the average investor expect to receive?

  What is the after-tax salvage value

If the lathe can be sold for $4,300 at the end of year 3, what is the after-tax salvage value?

  What is ted basis in the stock

Who recognized income on the receivables upon their collection? Can the corporation obtain a deduction for the liabilities when it pays them?

  What is that companys cost of common stock

The firm just paid a $2.00 common dividend in the past year, and that dividend is expected to increase by 5 percent per year forever. What is that company's cost of common stock?

  Calculation of expected rate of return

Suppose you recently purchased a stock that is expected to earn 12 percent in a booming economy, 8 percent in a normal economy and lose 5% in a recessionary economy.

  What is mmw’s expected surplus

What is MMW’s expected surplus or deficit for the first quarter based solely on contract revenue, food and fuel expenses? What does MMW’s expect its cash balance to be at the end of the first quarter based solely on contract revenue, food and fuel ex..

  What is the optimal oil exploration strategy

Assuming that prospecting and drilling take no time, what is the optimal oil exploration strategy for the firm (that is, where should it prospect, and when should it drill)?

  What should the firm set as the required rate

The company is considering a project that it considers riskier than its current operations so it wants to apply an adjustment of 1 percent to the project's discount rate. What should the firm set as the required rate of return for the project?

  Determine the price of the companys stock

Corporation just completed a 3 for 1 stock split. Prior to the split, the stock price was $120 per share. The total market value increased by 5 percent as a result of the split.

  What is the average accounts payable balance

Al's Meat Market has annual sales of $523,000 and cost of goods sold of $358,000. The profit margin is 4.2 percent and the accounts payable period is 38 days. What is the average accounts payable balance?

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