Question Details

[answered] 1. 2. 3. 4. 5. 6. 7. 8. Copy the quotation of one bond that


Please help ASAP with the following finance question. ?All instructions and data is in the attachment.


1.

 

2.

 

3.

 

4.

 

5.

 

6. 7.

 

8. Copy the quotation of one bond that contains the price ?Last Trade Price?.

 

Present these quotations in your posting.

 

Describe the information that you received from the quote of the bond. You have

 

to explain each number and symbol that appears in the bond quotation.

 

Assume that par value of the bond is $1,000. What was the last price of the bond

 

in $$$ (listed in Last Trade Price)?

 

Assume that par value of the bond is $1,000. Calculate annual coupon interest

 

payments.

 

Assume that par value of the bond is $1,000. Calculate current yield of the bond.

 

Assume that par value of the bond is $1,000. Assume annual coupon

 

payments. Calculate YTM of the bond using the last price (listed in Last Trade Price).

 

(Round the number of years to the whole number). You should use Excel or financial

 

calculator. Show your work.

 

Describe one major shortcoming for YTM and current yield.

 

How would the following affect the yield on newly issued bond? Please explain

 

your answer.

 

a)

 

The bonds are callable.

 

b)

 

The bonds are subordinated to the existing bond issue.

 

c)

 

The bond rating is better or worse than the Moody?s Aa3 that the company

 

anticipates.

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 18, 2020

PRICE: $15

Solution~0001001202.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now