Question
1. What are the proceeds of a bond transaction if the following details are known? Clean Price: 110, Accrued Interest: 4, FaceValue of the bond:
1. What are the proceeds of a bond transaction if the following details are known? Clean Price: 110, Accrued Interest: 4, FaceValue of the bond: 2$35,000,000
2. What is the unrealized gain or loss if you have a positive 400 share position in FDP with an avg price of 190 cents, and the closing price is 210 cents, how much have you lost of made?
3. You hold a bond with a face value of $100 and a yield to maturity of 8%. the bond carries a 9% coupon and matures in 3 years. What is the market value of the bond?
4. A bond paying 6% coupon on a 30/360 basis matures on exactly on year's time on a good business day. The YTM of the bond is 7.2%. What is the price of the bond? Assume no leap year. a) 97.68 b)98.18 c)97.36 d)98.88
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