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 95 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
:D TYSM

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

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?

Cyanide works by making the human body unable to use oxygen.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Trans and cis isomers of a peptide bond involving the imino nitrogen of proline Trans and cis isomers of a peptide bond involving the imino nitrogen of proline
true story true story
Water Polar Bond Water Polar Bond
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 ...
True Dover Sole True Dover Sole
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library