Author Question: Express a tax rate of 1.27 in dollars.[br][br][b][color=#347235]Question 2[/color][/b][br][br]An ... (Read 117 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
Express a tax rate of 1.27 in dollars.

Question 2

An investor bought two bondsbond A was a 9 bond at 106 and bond B was a 7 bond at 94 . Each bond is to mature in 5 years. Compute how much greater the yield to maturity from bond B is than from bond A. (Do not consider commission. Round yields to two decimal places.)



verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

1.27 on each 100 of value.

Answer to Question 2

0.88 greater yield from Bond B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

For a complete list of videos, visit our video library