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Lina20 [59]
3 years ago
10

Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year semiannually when the market interest rate is only

3% per half-year. The bond has three years until maturity. a. Find the bond's price today and six months from now after the next coupon is paid. (Round your answers to 2 decimal places.)
Business
1 answer:
docker41 [41]3 years ago
7 0

Answer:

Explanation:

Using a financial calculator; input the following;

Duration to maturity ; N = 3*2 = 6

Par value of the bond ; FV = 1000

Semiannual interest rate; I = 3%

Semiannual coupon payment;PMT = (7%/2)*1000 = 35

then compute the price; i.e the present value; CPT PV = 1027.09

The price after 6-months would be as follows;

Duration to maturity ; N = 2.5*2 = 5

Par value of the bond ; FV = 1000

Semiannual interest rate; I = 3%

Semiannual coupon payment;PMT = (7%/2)*1000 = 35

then compute the price; i.e the present value; CPT PV = 1022.90

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A. Democratic

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Democracy is form of governing based on considerate importance to all people's opinion in group. It is opposite of 'autocratic' governing where leader has immense power & takes decision based on only own opinion.

Joe is considering opinion of all the members of organisation, while taking a decision of purchasing a machine. He paid attention to not only opinion of department heads, but also opinion of other employees. Despite of he & department heads perceiving it to be a good idea, employees considered it to be unnecessary. Thereafter Joe didn't purchase the machine. So, his decision encompassing all people's opinion depicts Democratic Leadership.

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_____, as a conflict management strategy, is the political equivalent of "win some, lose some" and is possible in a long-term re
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compromising

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Which of the following are acceptable to use as references on a resume/job application?
Alenkasestr [34]

1. Former Employer. A previous employer can provide the best insight into your work ethic. They know what your responsibilities were at your job and how you handled them.

2. Colleague. Someone you worked alongside at a previous job, even if they weren’t your boss, can be an excellent reference. They will be able to speak about things you worked on together and what you achieved as a team. Teamwork is one of the most important soft skills an employer looks for, so having someone to vouch for your teamwork skills is vital.

3. Teacher. A teacher or professor can provide a really strong reference, especially if they taught a course pertinent to your major. They will be able to talk about the skills you picked up during their course, as well as your personal character.

4. Advisor. An academic advisor, depending on the amount of time you spent with them, is another great option for a reference. If your advisor is someone who got to know you really well during your college career, they can talk about how you’ve grown into the professional you are today.

5. Supervisor. Someone who supervised you, but wasn’t necessarily your boss, could be another excellent reference to include. This could be a supervisor from a volunteer project, an internship, or some other extracurricular activity. Any of these people spent enough time working with you to get a sense of your character, and probably your passions. That combination makes for a great reference.

Choose at least three of these people to include on your list of professional references. Always bring a few copies of your list to interviews, in case you’re asked to provide them. Promptly let the people on your list know when a hiring manager asks for your references, so they know to expect a call or email.

Your references could make or break your chances of landing a job, so make sure you select the best people to speak on your behalf.



there are 5 you can choose


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