Entries by mary WAMBUGU

eslie​ Mosallam, who recently sold her​ Porsche, placed ​$8 comma 400 8,400 in a savings account paying annual compound interest of 6 6 percent. a.  Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 3 3​, 7 and 17 years

August 26, 2019 in /by

eslie​ Mosallam, who recently sold her​ Porsche, placed ​$8 comma 400 8,400 in a savings account paying annual compound interest of 6 6 percent. a.  Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 3 3​, 7 and 17 years   Looking for a Similar Assignment? Order now and Get […]

 

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The $1,000 face value bonds of Galaxies International have coupon of 6.45 percent and pay interest semiannually. Currently, the bonds are quoted at 103.4 and mature in 4 years. What is the yield to maturity?

August 26, 2019 in /by

The $1,000 face value bonds of Galaxies International have coupon of 6.45 percent and pay interest semiannually. Currently, the bonds are quoted at 103.4 and mature in 4 years. What is the yield to maturity?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Blue Water bonds have a face value of $1,000, a coupon rate of 6.5 percent, semiannual interest payments, and mature in 11.5 years. What is the current price of these bonds if the yield to maturity is 6.36 percent?

August 26, 2019 in /by

Blue Water bonds have a face value of $1,000, a coupon rate of 6.5 percent, semiannual interest payments, and mature in 11.5 years. What is the current price of these bonds if the yield to maturity is 6.36 percent?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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EAR=(1 = .08186/365/91) ^365/91 -1 = .0844 Please explain ^365/91. thank you,Larry Cooper

August 26, 2019 in /by

EAR=(1 = .08186/365/91) ^365/91    -1             = .0844Please explain ^365/91. thank you,Larry Cooper   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"