1. A 30-year, 5.5% corporate bond was issued on 2/14/2021. On 7/07/2027, an investor sells $1,300,000 in par value at a quoted price of 97.875. What is the dollar value of the sellers accrued interest?

1. A 6.5% corporate bond has exactly 13 years left until maturity. The bonds price quote today is 103.750. What is the YTM on the bond today?

1. Bond A has a duration of 4.15 and quoted price of 93.125 and bond B has a duration of 9.25 and a quoted price of 104.550. A portfolio of these two bonds has a duration of 5.85. How much ($) of the portfolio value of $1,500,000 is invested in bond A?

1. MCC Inc. just reported earnings of $6.40 per share for the most recent year. MCC has an ROE of 20%, a plowback ratio of 30% and a market capitalization rate of 14.2%. What is MCCs intrinsic value?

1. A speculator opens a long position in March soybean futures. The current soybean spot price is 1017 and the current March soybean futures price is 1068. In December, the soybean spot price is 1029 and the March soybean futures price is 1055. What is the value of the speculators margin account in December if the speculator opened a position in 250 soybean futures contracts?