The preferred debt-to-income ratio is usually: A. 28 percent B. 36 percent C. 40 percent D. 50 percent
1 answer:
You might be interested in
Answer:
(A) $2,600
Explanation:
Please see attachment .
Answer:
Check the explanation
Explanation:
Bond Cur.Yld. Vol. Close Net Chg.
Doh! 9 ½ 18 9.0 5 105 1/2 - 1/4
Doh! 8 ½ 21 9.4 10 90 1/4 -1/2
1. As given in question:
Closing Price of the first bond: =105.5*10
=1055
Closing Price of the second bond: =90.25*10
=902.5
2. Yesterday's price for first bond: =(105.5+0.25)*10
=1057.5
Yesterday's price for second bond: =(90.25+0.5)*10
=907.5
3. kindly check the attached image below to see the solution to question 3
4. Capital Gain Yield for first bond =(P1-P0)/P0
=(1055-1057.5)/1057.5
=-0.236%
