{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

# 16 - Question and Problem Answers Chapter 16 Accrued...

This preview shows pages 1–2. Sign up to view the full content.

\$1,337,252.04 ' \$61,875.00 1 % Yld 2 155 184 % \$61,875.00 1 % Yld 2 1 155 184 % ... \$1,061,875.00 1 % Yld 2 13 155 184 \$1,337,125.00 ' \$61,875.00 1 % Yld 2 152 180 % \$61,875.00 1 % Yld 2 1 152 180 % ... \$1,061,875.00 1 % Yld 2 13 152 180 Question and Problem Answers page 1 Chapter 16 - Accrued Interest ± 16 - 1: US Treasury Bond US Corporate Bond Trade Date: Thursday June 12, 2008 Tuesday, June 10, 2008 Base Price \$1,327,500.00 \$1,327,500.00 Accrued Interest 29 days 28 days \$9,752.04 \$9,625.00 Invoice Price \$1,337,252.04 \$1,337,125.00 Next Coupon November 15, 2008 November 15, 2008 \$61,875.00 \$61,875.00 Earning \$52,122.96 \$52,250.00 over 155 days 152 days Yield to Maturity 6.4347% 6.4353% If a US Treasury If a US Corporate

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
2 F INANCIAL M ARKETS ... AND THE I NSTRUMENTS THAT T RADE IN THEM \$1,063,596.99 ' \$45,000.00 1 % Yld 2 2 183 % \$45,000.00 1 % Yld 2 1 2 183 % \$1,045,000.00 1 % Yld 2 2 2 183 \$1,063,793.61 ' \$45,000.00 1 % Yld 2 1 180 % \$45,000.00 1 %
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern