FINE 6050
Tulane University Law School
All 1 results
Sort by
-
FINE 6050 - Exam 1 & 2 - Study Guide.
- Exam (elaborations) • 34 pages • 2023
-
- $9.49
- + learn more
1.) BOND & STOCK VALUATIONExample 1:What is the price of a $1,000 par, pure discount bond having six years left to maturity, andwhose YTM is 8.25%?FPV=Which Formula to Use?t(1+r)tHow to Work the Problem:PV = $1,000/(1+.0825)6PV = $621..50Question 1:How do you calculate the Pure Discount Bond's Yield to Maturity?FPV¿FFPV=t¿(1+r)=Answer 1-e?Can be derived fromttPV(1+r)1t(¿¿)−1Tr=¿tExample 2:The December 21, 1993, Wall Street Journal reports a oneyear, $10,000 par Treasury Bill‐s...
Fear of missing out? Then don’t!
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia