Assignment 7(2)

Assignment 7(2) - System Homepage Class Homepage ...

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Unformatted text preview: System Homepage » Class Homepage » Student Details » Student Assignment Details ActSci 231 W09 : Gradebook Welcome Po-Wei Chuang [ My Profile ] Assignment detail for Po-Wei Chuang in Assignment 7: Po-Wei Chuang Login: pchuang Email: [email protected] Student ID: 20260696 Assignments completed: 9 Assignments active: Question Grade 1 A 1,100 par value bond has 10% semiannual coupons and matures on July 1, 2017 at 1,130. Find the clean price of this bond on September 15, 2013 to yield 5% compounded semiannually. Calculate to two decimal places using the straight line method (method 2 from class, "practical clean" from the textbook) and actual/actual for the time period. Your Answer: No answer Correct Answer: 1312.73 Comment: Price on July 1, 2013: P1 = Fr * (1-v 8 ) / i + C * v 8 Price on Jan 1, 2014: P2 = Fr * (1-v 7 ) / i + C * v 7 Clean price on September 15, 2013 = (1-k) * P1 + k * P2 Fr = 55 i= 0.025 C = 1,130 P1 = 1,321.801141 P2 = 1,299.846173 k = 76/184 Instructors Comment: 0.00....
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Assignment 7(2) - System Homepage Class Homepage ...

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