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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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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Example of Book Review The Ka‚ a novel An example of book review writing can be found listed with most books sold on the Net and on the writer’s Web sites. A good sample book review would pertain to writing your personal feelings about a book that you’ve read. Writing a book review is not to be confused with writing a summary of a book. Writing a summary is a totally different matter and that will be covered eventually in my Articles section. In my opinion‚ no real format exists for writing
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Student Name Professor Course Title Date The Review of the book: ‘Outliers: The Story of Success’ by Malcolm Gladwell The book by Malcolm Gladwell is really a great story that might reveal the secrets of success. The author tries to understand the other possibilities of gaining success except the pure talent and innate ability. The main points of his book are the importance of hard work‚ the perfect timing which helps to appear at a right time in a right place. He also pays attention to
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Question b. How does Mahtab’s Story talk about Overcoming Obstacle? Use quotes‚ ideas (references) from Mahtab’s Story. INTRODUCTION I1. Overcoming Obstacles shows a journey of where an individual is facing serious difficulties in life‚ and then finds ways to overcome their personal trials. (Thesis/Main idea) I2. Mahtab’s Story‚ a novel by one of Australia’s best-loved children’s authors - Libby Gleeson‚ is inspired by true events through the main character Mahtab and her family’s experiences of
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Feature and Opinion‚ Assignment Qualities of a Book Review # Introduction – Definition A book review is a description‚ critical analysis‚ and an evaluation on the quality‚ meaning‚ and significance of a book‚ not a retelling. * It should focus on the book’s purpose‚ content‚ and authority. * A critical book review is not a book report or a summary * It should include a statement of what the author has tried to do‚ evaluates how well (in the opinion of the reviewer) the author
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Victoria Schmidt A&P 2 Cari’s Story A. How could an infection in Cari’s nasal passages and pharynx spread into her sinuses? The infection could have easily traveled into her sinuses due to the fact of how close the passages and sinuses are to each other. B. What is the cough reflex? Describe the process that Cari’s respiratory system is using to clear her lungs by coughing. The cough reflex is deep inhalation followed by complete closure of the glottis and strong exhalation suddenly opening the
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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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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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Book Review: Twilight 22nd October 2010 The book I am going to review today is ‘Twilight’ by Stephanie Meyer. Published in 2005‚ this book has sold over 1 million copies worldwide and has become hugely popular throughout all generations‚ especially teenage girls. Twilight is the story of Edward and Bella’s romance. Forget any vampire romance you have read before‚ Twilight is so unique it is almost like it’s in its own genre. The book is marketed
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