perpetual bond is currently selling for RS. 95/-. The coupon rate of interest is 13.5%. The approximate discount rate is 15%. The value of the bond and the YTM is: (a) Rs. 90/- and 14.2% Value is (13.5*15%=90) and YTM is ((13.5/95)*100=14.21%) (b) Rs. 100/- and 13.5% (c) Rs. 90 and 15% (d) Rs. 90/- and 13.5% 902. In 2001‚ Meridian Ltd. has issued bonds of Rs. 10‚000/-each due in 2011 with a 14% per annum coupon rate payable at the end of each year during the life of the bond. If the required
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Machinery Co.‚ Ltd‚is a professional manufacturer and trader specializing in the research‚ development and production of construction machinery for nearly 30 years. Our main products are as follows:concrete mixer‚concrete mixing plant‚We will provide you with the best product and service. 1. Transmission System: Transmission device adopts hard gear reducer. Reducer passes power to the mixing arms，forcing them to do a double motion of rotation and revolution mobile block machine portable concrete mixer
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NAME: MASSAWE BARAKA‚ REG. NO: 2010-04-03894. 12 FINANCE 202 INDIVIDUAL ASSIGNMENT UDBS Consider a 10 year bond that has a face value shs 1000‚ a coupon rate of 6% and pays interest once a year. (a)Suppose person A bought this bond at par when it was initially issued and sold it 1 year later to person B for shs 1024.What is B’s total return? Soln Total return =[ Interest paid +(selling price – buying price)]/buying price Given; Annual interest paid = coupon rate x par value‚ coupon
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BOND PROBLEM SOLUTIONS 1. Six years ago‚ The Corzine Company sold a 20-year bond issue with a 14 percent annual coupon rate and a 9 percent call premium. Today‚ Corzine called the bonds. The bonds originally were sold at their face value of $1‚000. Compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price. PV = 1000; N = 6; PMT = 140; FV = 1090; CPT I/Y I/Y = 15.02% 2. You just purchased
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whether that is dictated by contract‚ tariff‚ or price list. Complex audits utilize software applications‚ direct bargaining with service providers and activity reports that include detail down to an individual employee’s usage. In business‚ companies with significant telecommunications costs or a telecommunications focus normally either conduct audits internally or hire a consultant. No matter the method‚ typical audits encompass one or more of the following: * Telecom Expense Management(TEM):
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In Clive Thompson’s article “Smarter than You Think: How Technology Is Changing Our Minds for the Better‚” he argues that technology is positively changing the way people think and how they affect everyday activities. He uses the role of computers in chess playing as an example to steer away from the idea of “man vs. machine” and‚ instead‚ highlight the powerful relationship between humans and computers if they work together. According to Thompson‚ technology was initially created to influence intellectual
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nature of the two groups‚ which has aided this critical analysis of the notion that employees are more important than customers as well as the counter-argument that employees are indeed more important. Employees are more important than customers The importance of employees extends far beyond the mere ability to meet the needs of a customer. As such‚ the view that employees are more important than customers is highly viable and supported. This importance can be firstly measured through the correlation
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IS EQ MORE IMPORTANT THAN IQ IS EQ MORE IMPORTANT THAN IQ INTRODUCTION: What is IQ ? What is EQ ? For decades‚ a lot emphasis has been put on certain aspect of intelligence. This intelligence is called IQ ( Intelligence Quotient ). IQ includes aspects of Mathematics‚ spatial learning‚ Verbal‚ logical reasoning‚ and memory.
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achievers? | | A survey by the Organisation for Economic Co-operation and Development has revealed that women in developed countries have overtaken men at every level of education.According to the report‚ girls are now more confident of getting better-paid professional jobs than their male counterparts.One of the main reasons given for this success is that girls tend to be ahead of boys in literacy skills which gives them an advantage when it comes to university admission.What makes girls high achievers
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90‚000 Share of dividends (.25 × $160‚000) (40‚000) Balance in investment account $550‚000 2)During 2008‚ PK Co. purchased 2‚000‚ $1‚000‚ 9% bonds. The carrying value of the bonds at December 31‚ 2010 was $1‚960‚000. The bonds mature on March 1‚ 2015‚ and pay interest on March 1 and September 1. PK sells 1‚000 bonds on September 1‚ 2012‚ for $988‚000‚ after the interest has been received. PK uses straight-line amortization. The gain on the sale is Discount amortization: $40
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