Pregunta 3 Sin responder an Punta como 5.00 Marcar pregunta Timbukt, Inc. has annual bond payment liabilities of $10 million at the end of the next five (5) years. The firm intends to immunize the bond issuance via two zero-coupon issues with one (1) and four (4) years maturity. Assume a flat yield curve with 8% interest throughout the relevant period. Determine the percentage of zero coupons to be allocated to the four-year bonds in order to immunize the original bond portfolio. Seleccione una: a. 84.4% b. 98.3% c. 61.7% d. 39.2% Pregunta 4 Sin responder an Punta como 5.00 Marcar pregunta A bond pays interest yearly has a face value of $1,000, a coupon rate of 9%, four (4) years until maturity, while the market rate for bonds of a similar rating is 6% at the time. Determine the time- weighted present value of the cash flows provided by the bond (i.e. the numerator in the equation for computing the Macauley Duration (MD)) for the bond. Seleccione una: a. $1,836.88 b. $6,408.10 c. $3,925.33 d. $826.15 Pregunta 3 Sin responder an Punta como 5.00 Marcar pregunta Timbukt, Inc. has annual bond payment liabilities of $10 million at the end of the next five (5) years. The firm intends to immunize the bond issuance via two zero-coupon issues with one (1) and four (4) years maturity. Assume a flat yield curve with 8% interest throughout the relevant period. Determine the percentage of zero coupons to be allocated to the four-year bonds in order to immunize the original bond portfolio. Seleccione una: a. 84.4% b. 98.3% c. 61.7% d. 39.2% Pregunta 4 Sin responder an Punta como 5.00 Marcar pregunta A bond pays interest yearly has a face value of $1,000, a coupon rate of 9%, four (4) years until maturity, while the market rate for bonds of a similar rating is 6% at the time. Determine the time- weighted present value of the cash flows provided by the bond (i.e. the numerator in the equation for computing the Macauley Duration (MD)) for the bond. Seleccione una: a. $1,836.88 b. $6,408.10 c. $3,925.33 d. $826.15