On January 1, Brothers Corporation issues $10,000,000 of 6%, 15 year bonds, with interest paid semi-annually. The market rate of interest is 8%. Before we calculate the price, let’s answer a few basis questions which will be important in determining the price. What is the face amount of the bond offering? What will the actual semi-annual interest payment be? What...
Akers Company sold bonds on July 1, 20x1, with a face value of $100,000. These bonds are due in 10 years. The stated annual interest rate is 6% per year, payable semiannually on June 30 and December 31. These bonds were sold to yield 8% By July 1, 20x2, the market yield on these bonds had risen to 10%. Use...
Suppose that you are managing a portfolio with a standard deviation of 21% and an expected return of 14%. The Treasury bill rate is 4%. A client wants to invest 16% of his investment budget in a T-bill money market fund and 84% in your fund. 1. What is the expected rate of return on your client's complete portfolio? 2....
Question 6 You are considering an investment in ABC company and compile the following information on its stock • The market price for the stock is $225/share • The LTM EPS is $15. • Over the past year, ABC paid dividends per share of $12. • The company's P/E is 15, P/B is 15, and P/S is 0.8. • The...
On January 1, 2020, Pharoah Corporation purchased a newly issued $1,525,000 bond. The bond matured on December 31, 2022, and paid interest at 6% every June 30 and December 31. The market interest rate was 8%. Pharoah’s fiscal year-end is October 31, and the company had the intention and ability to hold the bond until its maturity date. The bond...
Write a Python program stored in a file q3.py that asks for the prices of items and your money amount as input, and prints the options of items along with cost as output. Enter list of prices : 7 3 9 12 26 17 8 9 Enter dollar amount : 16 You have total 8 options Option 1: You can...
Find Rate for Investment. Assume you invest $500 in a savings certificate offering an interest rate that is compounded annually to reach a maturity value of $1,000 at the end of 6 years. What is the interest rate offered on this investment? A) 8.08% B) 12.24% C) 4.59% D) 13.24% E) 16.30%
1-5 Wite a biography of a chocolate bar Before you begin about the chocolate bar's life. Buy one and put it on your des Bather ts lite from the production of its ingredients until tow see i Consider the following questions begin writing. see if you can until the moment you put it in you bar's life. Buy one and...
An experiment to compare the tension bond strength of polymer latex modified mortar (Portland cement mortar to which polymer latex emulsions have been added during mixing) to that of unmodified mortar resulted in x = 18.19 kgf/cm2 for the modified mortar (m = 42) and y = 16.87 kgf/cm2 for the unmodified mortar (n = 31). Let Hy and uz...
QUESTION 1 4 po The major industrial source of hydrogen gas is the following reaction: CH4 + H20 - CEO + 3H2 Using the bond energies from the table below, what is the reaction enthalpy for this reaction? Enter only the numerical value of your answer (in units of kJ mor '); do not include the units. Note: On an...