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 91 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
Wow, this really help

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

TrUe....FaLsE TrUe....FaLsE
Ionic Bond Ionic Bond
Hydrogen Bond Hydrogen Bond
Peptides and the Peptide Bond Peptides and the Peptide Bond
Catalysis of peptide bond hydrolysis by chymotrypsin (part 1) Catalysis of peptide bond hydrolysis by chymotrypsin (part 1)
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library