Consider a zero-coupon bond with nominal $100 and annual yield of 5%, with one year to maturity.
Question:
a. Exactly, computing the new price
b. Approximately, using the initial duration
c. Approximately, using the initial duration and convexity
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 91% (12 reviews)
a b c and thus co...View the full answer
Answered By
Arpitha Gs
I have chosen to be a stay at home mom . After being mom, I have always wondered do I cease to exist.
does my individuality somehow become related to my son and I have become empty shell? so to feel confident about myself and prove my self worth to myself I started tutoring. since it gives time flexibility.
Besides tutoring I spend my time cooking new recipes, gardening, reading books and Quora and of course quality time with family.
Professional Summary:
I have 8 years of work experience in Finacle Treasury Dept. of Infosys Technologies Limited, Bangalore.
Handled various responsibilities.
Besides this as tutor I have worked immensely in few online tutoring platforms like Chegg and answered numerous no of questions with 100% CF score.
Other than this, I have lectured in local college, I have helped solving problems, debugging mostly in JAVA,C++ and SQL.
My core qualifications for tutoring include,
Good communication skills.
Advanced problem solving skills.
Debugging and troubleshooting.
and most importantly exceptional time management.
Education:
Qualification: Bachelor of Engineering(B.E) in Computer Science(CSE)
Percentage: 70%(First Class Distinction)
Year:2010
College: GM Institute of Technology, Davanagere , Karnataka
University: VTU
Technical skillset:
o Languages: C++, VB .Net, Unix Shell scripting, SQL, Python, JAVA,C#
o OS: Windows, Unix (Solaris, HP-UX, AIX), Linux, Microsoft Visual Studio
o Databases: Oracle, MySQL 11g,12C
Repository: TFS, SVN, GitHub
My key strengths during my tenure in Infosys:
Deep understanding of the Finacle Treasury product architecture and features.
Troubleshooting, debugging and analytical skills.
Capable to take up challenging assignments with utmost dedication and Positive Attitude.
Urge to learn new technologies in Finacle Treasury and has the willingness to take up new responsibilities.
Excellent analysis on the issues reported by clients and quick planning for fixing, keeping in mind the criticality of the releases.
Abilities to plan, schedule and track work independently.
Adaptive and assertive communication to negotiate with stakeholders and maintains clarity in communication.
I have handled around 4 people who were reporting to me at once.
Design and Development of Finacle Treasury enhancements – prominent among them being:
WAP Proportionate closeout for futures and options
Equity positions view
FRA reference rate interpolation
FRA pricing
Host messaging changes for one FX
XIRR yield calculation method
FT Calculators
Oracle 11g porting for CSFB
File attachment for deals
GRC interface for CSFB
Swap Against Deposit interface for CSFS
Offshore release anchor for 7.0.15, 10.10.3, 10.11.6, 10.12.1 new client releases.
Acted as support anchor many banks supporting across different FT releases on 3 Unix platforms viz. Solaris, HP-UX, AIX.
More than year of experience working on CS releases. 18 months onsite experience at CSFS LONDON.
I have been awarded employee of the quarter twice in my tenure at Infosys.
Hereby declare that all the written above are true to the best of my knowledge.
Thanks,
Arpitha
0.00
0 Reviews
10+ Question Solved
Related Book For
Organic Chemistry
ISBN: 9788120307209
6th Edition
Authors: Robert Thornton Morrison, Robert Neilson Boyd
Question Posted:
Related Video
The yield to maturity (YTM) is the percentage rate of return for a bond assuming that the investor holds the asset until its maturity date. This video will give a complete tutorial on how to calculate Yield to Maturity on Microsoft Excel
Students also viewed these Organic Chemistry questions
-
With a zero-coupon bond, the buyer receives only the face value of the bond at maturitythe bond pays no coupons. Suppose that for a price of $675, you buy a 10-year, zero-coupon with a $1,000 face...
-
The risk-free rate, average return of portfolio P and average return of the market portfolio are, respectively, 4%, 8%, and 8%. The estimated standard deviation of the market portfolio is 12%, and...
-
At time zero you enter a short position in futures contracts on 20 shares of the stock XYZ at the futures price of $50.00. Moreover, you sell (write) 5 "exotic" options of the following type: they...
-
Assume the initial margin on a Eurodollar futures contract is $878 and the maintenance margin is $650 (the contract size is $1mln). If the contract price declines by 25 basis points, by how much do...
-
Quickserve plc is a food wholesale company. Its financial statements for the years ended 31 December 20X8 and 20X9 are as follows: Statements of financial position Required: (a) Describe the concerns...
-
Elaine is a \(30 \%\) partner in the DEF Partnership. She sells some land to the partnership for \(\$ 50,000\), incurring a \(\$ 30,000\) loss on the sale. How much of the loss can she deduct? What...
-
Explain the benefits of keeping and organizing financial records and documents.
-
Martha and Jones have capital balances on January 1 of $50,000 and $40,000, respectively. The partnership income-sharing agreement provides for (1) Annual salaries of $20,000 for Martha and $12,000...
-
Please answer ASAP. Page 1 1. List the name of the stock you analyzed. Briefly describe the data you collected and your data source. 2. Enter your data elements in the table below. Adjust the table...
-
It sputtered and squeaked and with a small hesitation followed by an abbreviated lunge, it was finally over: Ol Reliable, the car Jamie Lee had driven since she first earned her drivers license at...
-
Suppose that the annual interest rate is 4%. You have a liability with a nominal value of $300, and the payment will take place in two years. Construct the durationimmunizing portfolio that trades in...
-
Explain why expression (11.14) is the continuous-time version of expression (11.13), and find the Black-Scholes formula for the call option on the continuous geometric mean (11.14).
-
At the beginning of the quarter, you purchased a $100,000 Treasury bond futures contract for 108-12. Calculate the profit on the futures contract if the price at the end of the quarter is 106-16,...
-
Suppose that f is improperly integrable on (0, 0) and that L = lim f(r) exists. Prove that L = 0. 288 Let 1 n
-
If the graph of y=|x| is compressed vertically by a factor of (1)/(2), reflected across the x-axis and translated 3 unit (s) left and 5 unit (s) up, what is the equation of the new graph?
-
what you have learned in botany like cell division and plants?
-
Figure Q5 shows a simplified schematic of the forces and moments on an aircraft. The wing aerofoil is cambered and has an angle of incidence with respect to the longitudinal axis of the aircraft of...
-
At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Additional Information Job 51 $...
-
What government policy changes might be effective in controlling inflation?
-
On January 2, 20X3, Sheldon Bass, a professional engineer, moved from Calgary to Edmonton to commence employment with Acco Ltd., a large public corporation. Because of his new employment contract,...
-
Explain which of the following chlorohydrins forms an epoxide more readily upon treatment with base.
-
Explain which of the following epoxide products is formed when the chlorohydrins reactant is treated with base.
-
(a) Explain which of the following products is formed when the epoxide reactant is treated with methoxide ion in methanol. (b) Explain which of the products from part a is formed when the epoxide...
-
Unit sales Contribution margin per unit Product X Product Y Product Z 2,000 $ 30 4,000 $ 20 4,000 $ 10 The average contribution margin for Company A is: Multiple Choice $18 per unit. $20 per unit....
-
When calculating earnings per share, a preferred dividend will affect the value of the numerator. True or false
-
In social responsibility reporting, the income statement bottom line is expanded to include financial, social and environmental performance, This standard is being only used in community government...
Study smarter with the SolutionInn App