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Amanda [17]
2 years ago
10

There is a bond with a coupon of 7.6 percent, seven years to maturity, and a current price of $1,032.20. What is the dollar valu

e of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
Dollar value of an 01
Business
1 answer:
Radda [10]2 years ago
3 0

Answer:

The dollar value of an 01 is:

$78.4472

Explanation:

a) Data and Calculations:

Bond coupon = 7.6%

Current price = $1,032.20

The yield to maturity value = $1,032.20 * 1.076 = $1,110.6472

Dollar value of an 01  = $1,110.6472 - $1,032.20 = $78.4472

b) In calculating the dollar value of the bond, which is a measure of the change in the value of the bond portfolio for every 100 basis point change in the interest rates, this is referred to as DV01 (that is, dollar value per 01).  Often denoted as 100 basis points (bps), 0.01 is equivalent to 1 percent.

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One disadvantage of the BYOD strategy is the potential for __________. Group of answer choices cost savings increased flexibilit
topjm [15]

The Potential<u> </u><u>Privacy and Security Issues</u> is a major flaw of the BYOD Strategy.

<h3>What is the BYOD Strategy?</h3>

BYOD a strategy in telecommunications security that allows business partner and workers to use their own devices to access the company's network, applications, and access company information.

Whilst it is cost savings in terms of hardware and provides convenience, it exposes the company to a lot of insecurity.

See the link below for more about the BYOD Strategy:

brainly.com/question/7229227

5 0
2 years ago
Which one is not a benefit to
Pavel [41]

Answer:

I think its B

Explanation:

A is the probability of not losing your job

C Needs a Postive Attitude

D also Needs a Positive Attitude

3 0
2 years ago
Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in
77julia77 [94]

Answer:

$1000

$1010

Explanation:

The formula for determining simple interest = principal x time x interest rate

The formula for determining compound interest = future value - amount invested

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

1000 X 0.01 X 1 = $10

Given the figures in the question, the simple interest each year would be $10 based on $1000

But the compound interest in year 2 = 1000 x (1.01)^2 = 1020.10

1020.10 - 1000 = 20.1

compound interest in year 2 = 20.1 - 10 = 10.1

or

1010 x 0.01 x 1 = 10.1

7 0
2 years ago
What is the National Labor Relations Board responsible for?
Alexxandr [17]

The National Labor Relations Board is an independent federal agency created in 1935 by Congress to administer the National Labor Relations Act, the basic law governing relations between labor unions and the employers whose operations influence interstate commerce

6 0
3 years ago
MC Qu. 166 Joe Jackson opened Jackson's... Joe Jackson opened Jackson's Repairs, Inc. on March 1 of the current year. During Mar
____ [38]

Answer:

D. $ 10,300

Choice D is correct:  Net income = $ 10,300

Explanation:

Cash Received =                                 $ 16000

Less Rent Paid=                                    ( $ 2000)

Add income =                                          $ 3000

Less Salaries for the month of March = ($ 6200)

Less utilities paid                                       ($ <u>500)</u>

<u>Net income=</u>                                               $ 10,300

Treatments.

Net income is found by deducting expenses from revenues earned

$ 100,000 is the retained earnings so it is not accounted for net income.

Equipment is an asset so it is not accounted for net income.

Cash received is the revenue so it is accounted.

Rent is an expense account so it is subtracted.

Income for service $ 3000 provided is also taken into account on matching principle basis.

Advance received will be adjusted when the services will be rendered on matching principle.

6 0
3 years ago
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