Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Oct 2017 My Price 5.00

bond declines

Aziz works for a broker. One of his clients is offered to buy a bond at $1,050. It is a 10%, 15-year bond with a par value of $1,000 and a call price of $1,100. (The bond’s first call date is in five years.) Coupon payments are made semiannually.

a. Find the current yield, YTM, and YTC on this issue. Which of these three yields is the highest? Which is the lowest? Which yield would Aziz use to value this bond? Explain.

b. Assume that the price of the bond declines to $875. Now which yield is the highest? Which is the lowest? Which yield would Aziz use to value this bond? Explain.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Oct 2017 01:10 PM My Price 5.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)