The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
11. Bond Pricing. A 30-year-maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%. What is the bond’s yield to maturity if the bond is selling for: (LO6-2)a. $900?b. $1,000?c. $1,100?
12. Bond Pricing. The following table shows some data for three zero-coupon bonds. The face value of each bond is $1,000. (LO6-2)
Bond Price Maturity (years) Yield to Maturity
A $300 30 —
B 300 — 8%
C — 10 10
a. What is the yield to maturity of bond A? (Express your answer as a percentage rather than a decimal.)
b. What is the maturity of B?
c. What is the price of C?
13. Pricing Consol Bonds. Perpetual Life Corp. has issued consol bonds with coupon payments of $60. (Consols pay interest forever and never mature. They are perpetuities.) (LO6-2)
a. If the required rate of return on these bonds at the time they were issued was 6%, at what price were they sold to the public?
b. If the required return today is 10%, at what price do the consols sell?
1. Stock Markets. True or false? (LO7-1)
a. The bid price is always greater than the ask price.
b. An investor who wants to sell his stock immediately should enter a limit order.
c. The sale of shares by a large investor is usually termed a “primary offering.”
d. Electronic Communications Network refers to the automated ticker tape on the New York Stock Exchange.
2. Stock Quotes. Go to finance.yahoo.com and get trading quotes for IBM.(LO7-1)
a. What are the latest stock price and market cap?
b. What is the bid-ask spread?
c. What are IBM’s dividend payment and dividend yield?
d. What is IBM’s P/E ratio?
3. Stock Quotes. Here is a small part of the order book for Mesquite Foods:(LO7-1)Bid AskPrice Size Price Size103 100 103.5 200102.5 200 103.8 200101 400 104 300 99.8 300 104.5 400
a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive?
b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately?
4. P/E Ratios. Favorita Candy’s stock is expected to earn $2.40 per share this year. Its P/E ratio is 18. What is the stock price? (LO7-1)
5. Dividend Yield. BMM Industries pays a dividend of $2 per quarter. The dividend yield on its stock is reported at 4.8%. What is the stock price? (LO7-1)
14.Constant-Growth Model. Arts and Crafts Inc. will pay a dividend of $5 per share in 1 year. It sells at $50 a share, and firms in the same industry provide an expected rate of return of 14%. What must be the expected growth rate of the company’s dividends? (LO7-2 )
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more