subject
Business, 30.04.2021 22:20 claraesson5581

Dave needs to pay $1000 at the end of each year for the next 3 years. He purchased 3 different annual coupon bonds to match the liabilities exactly. The bonds have the following properties: BondTime to MaturityCoupon Rate A10.04 B2X C30.05 All three bonds have a par value of $1,000 and can be redeemed at par. Dave purchased 0.9 of Bond A. Determine the coupon rate of Bond B to match the cash flows of the bonds to the cash flows of the liabilities. Assume fractional bond purchases are allowed.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:50
Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65
Answers: 3
question
Business, 22.06.2019 19:50
Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
question
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
question
Business, 23.06.2019 04:00
Where can i find with 12th grade finances
Answers: 3
You know the right answer?
Dave needs to pay $1000 at the end of each year for the next 3 years. He purchased 3 different annua...
Questions