This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true of a zero coupon bond? A) The bond sells at a premium prior to ... (Read 92 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jul 10, 2018
Which of the following is true of a zero coupon bond?
 
  A) The bond sells at a premium prior to maturity.
  B) The bond makes no coupon payments.
  C) The bond has a zero par value.
  D) The bond has no value until the year it matures because there are no positive cash flows until
  then.

Question 2

The current price on a 60-inch flat panel LCD HD television is 2,300. Big screen HD television prices have dropped at an average rate of 9 per year in recent years.
 
  If you expect this trend to continue, how much will this style of television cost in three years?
  A) 2,979
  B) 2,300
  C) 1,958
  D) 1,733


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

Answer: D
Explanation: D) Expected future value of television = 2,300  (1 - 0.09)3 = 1,733.21
MODE = END
INPUT 3 9 -2,300 0 ?
KEY N I/Y PV PMT FV
CPT 1,733.21


charchew

  • Member
  • Posts: 579
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Corrosion on Copper Bond Pad Corrosion on Copper Bond Pad
Ionic Bond Ionic Bond
State Laws on Abortion prior to Roe v. Wade, 1973 State Laws on Abortion prior to Roe v. Wade, 1973
A pump showing regular with a pump octane of 87, plus rated at 89, and premium rated at 93. These ... A pump showing regular with a pump octane of 87, plus rated at 89, and premium rated at 93. These ...
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Peptide bond formation between two amino acids, resulting from a dehydration reaction Peptide bond formation between two amino acids, resulting from a dehydration reaction
Video: Coronary Heart Disease Animation

For a complete list of videos, visit our video library