A 7% general obligation bond is issued with 20 years to maturity. A customer buys the bond on a 7.50% basis. The bond contract allows the issuer to call the bonds in 5 years at 102 1/2, with the call premium declining by 1/2 point a year thereafter. The bond is puttable in 5 years at par. The price of the bond to a customer would be calculated based on the:

A. 5 year call at 102 1/2
B. 5 year put at 100
C. 10 year call at 100
D. 20 year maturity

Answers

Answer 1

Answer:

D. 20 year maturity.

Explanation:

The bond has stated interest rate of 7% and the yield is 7.50% . The bond is sold at discount to its par value. The bond is issued for 20 years maturity and since it is at discount then the bonds will be held till maturity to improve yield on bonds. The price of the bond will be calculated based on 20 years maturity.


Related Questions

According to George Mason, why would the new constitution protect the rights of Americans better than the various state declarations of right ?

Answers

Answer:

For him, the constitution would establish equality between citizens of each state, putting an end to state governments that did not establish equality between citizens of different states.

Explanation:

George Mason wrote Proposed Federal Constitution: Addressed to the Citizens of Virginia in 1787, where he testified in favor of the creation of a federal constitution as he believed that such a constitution would be essential to protecting and promoting the rights of all citizens equally. This is because, for him, the constitution would terminate the state governments and this would be beneficial, because the student governments created several declarations of rights that created differences between citizens of different states. By creating only one bill of rights through the federal constitution, the government would establish equality for all citizens.

in Not Scared ... Prepared What does the author describe in the section titled ""Communities Are Involved""?

Answers

Answer:

Describes how schools can be useful in emergencies such as environmental disasters.

Explanation:

"Not Scared ... Prepared" is an article that presents how cities have prepared professionals and institutions that can prepare and help the population to protect themselves from natural disasters, whenever necessary. In the section "Communities Are Involved" it is presented how schools in a city can be useful in this preparation, serving as training places, showing not only what should be done in the event of a disaster, but also showing that the school can be a shelter safe for people, when necessary.

What was the response to the slave revolt? in the brown's raid

Answers

Answer:

Explanation:

On the morning of October 19, the soldiers overran Brown and his followers. Ten of his men were killed, including two of his sons. The wounded Brown was tried by the state of Virginia for treason and murder, and he was found guilty on November 2. The 59-year-old abolitionist went to the gallows on December 2, 1859.

what is wrong with consoriacy theories and can a conspiracy theory be damaging to society?​

Answers

conspiracy theories is a set of belief that some covert but influential organization is responsible for a circumstance or event conspiracy theory can often be damaging for a persons health and encourage delusion. A conspiracy theory can be damaging to society because it spreads damaging belief that may lead to larger events such at the attack of the capital.

I will give u brainliest and 5 star and thanks if its correct

Answers

Answer:

The correct awnser is Atmosphere

Explanation:

Answer:

The correct answer is atmosphere.

Please give me the answer and show me how you solved it

Answers

Answer:the answer is a and you multiply

Explanation:

Before the 1850s, MOST cities were built close to

Answers

Answer:

waterways

Explanation:

Answer:

waterways

Explanation:

correct answer - took exam

Which North Carolina city is located at approximately 36.0º N, 78.9º W?

Answers

Durham is the city.

How did this new Fugitive Slave Act impact abolitionists?

Answers

It required that all escaped slaves, upon capture, be returned to the slaver and that officials and citizens of free states had to cooperate. Abolitionists nicknamed it the "Bloodhound Bill", after the dogs that were used to track down fugitives from slavery.

how do you think worldview, culture, and beliefs are represented in modern art (imagery, movies, books, songs, sculptures, etc)?​​

Answers

Answer:

culture is the coding practiced by societies through a series of manifestations that have been the basis of human, environment and material relationships and designs a path of each culture's evolvement based on its own social history and experiential knowledge. As all the senses contribute the progress of it, art itself is also a part of the same progression being a human cultural practice. Any art you take into consideration, is a result of this human cultural progression or evolvement, in response to its own environment or context. I mean, any art is an example of influence of culture, be it folk arts with more clearly visible signs of this relationship or modern art that address to a complex city or metro cultural societies.

Answer: Cheese

Explanation:

Cheese is what makes the universe thus worldwide culture :)

Can three or more vectors be added together so tjat their sum is zero? If yes, show by means of tail-to-heal arrangement of the vectors how this could occur.​

Answers

Answer:

yes it is possible

Explanation:

if all the vectors form a closed polygon such that head of each vector touches the tail of next one then their vector sum is zero.

When an insured purchased her disability income policy, she misstated her age to the agent. She told the agent that she was 30 years old, when in fact, she was 37. If the policy contains the optional misstatement of age provision (Choose from the following options)
1. The elimination period will be extended 6 months for each year of age misstatement.
2. Because the misstatement occurred more than 2 years ago, it has no effect.
3. Amounts payable under the policy will reflect the insured's correct age.
4. The contract will be deemed void because of the misstatement of age.

Answers

Answer: L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer discovers that L had understated her age on the  application. Under the Misstatement of Age provision, the insurer will adjust the death benefit to a reduced amount.

A life insurance policy which ensures that the premium will be paid if the insured becomes disabled has Waiver of premium attached to it.

Explanation:

Which of the following actions is an example of impersonation?
A.
submitting extra ballots to vote multiple times
B.
testing a voter’s knowledge of the Constitution
C.
voting under another citizen’s name
D.
requiring a voter to show identification at the polls

Answers

Answer: C

Voting under another citizen’s name is included as impersonation.

Answer:

CCCCCCCCCCCCCCCCCCC

Explanation:

Which of the following is a problem with bureaucracy?
A- it can sacrifice the needs of individuals.
B- people can feel objectified by it.
C- and often creates unnecessary “red tape.”
D- all the above.

Answers

Explanation:

all of the above may be hope it help u

Problem with bureaucracy are: it can sacrifice the needs of individuals. people can feel objectified by it  and often creates unnecessary red tape. Hence, D- all of the above is the correct option.

What is Bureaucracy?

Bureaucracy is a type of  an organization and system used in government, companies or the institutions.

Bureaucracy is characterized by multiple levels, departments, and sections each with a different function, additionally, in bureaucracy, there is a clear hierarchy and a set of it's procedures.

This makes everything to be organized and  an efficient. However, one of the main problems of bureaucracy is that it can be dehumanizing; this can be explained as  the workers are expected to follow norms and procedures, and this causes they are considered as machines rather than the people. Also, in bureaucracy, it is common creativity and similar qualities are not encouraged.

Therefore, Problem with bureaucracy are: it can sacrifice the needs of individuals. people can feel objectified by it  and often creates unnecessary red tape. Hence, D- all of the above is the correct option.

Learn more about Bureaucracy here:

https://brainly.com/question/2569202

#SPJ5

8. Which statement best expresses the reaction of many northerners to the 1 point
Fugitive Slave Act of 1850?*
"We don't respect this law, and we won't obey it.
"This law justly protects the rights of property owners."
"We disagree with this law, even though it does not affect us directly."
"We agree with our southern neighbors that this is a fair law."

Answers

Answer:

Hi, there your answer is we don't respect this law and we won't obey it

Explanation:

Answer:

"We don't respect this law, and we won't obey it.

Why so many countries have established monasteries in Lumbini? Write any four points.

Answers

Explanation:

The countries of many of these pilgrims have established local monasteries as a way to offer practical and spiritual assistance to their citizens. Each of them has its own design, reflecting the architectural and religious styles of the different nations.

Explain the practice of Feng Shui and why it is important to the Chinese.

Answers

Answer:

The philosophy of feng shui is a practice of arranging the pieces in living spaces in order to create balance with the natural world. The goal is to harness energy forces and establish harmony between an individual and their environment.

Feng Shui is important because Feng Shui is an ancient Chinese art of arranging buildings, objects, and space in an environment to achieve harmony and balance in a way that will bring peace and prosperity.

Btw :

Stay safe! :3

After a history of violence in a neighborhood, the community gathered in order to make the neighborhood a safer place. The community members worked with local police officers, advocated for structural changes (e.g., better street cleaning, more street lights), and held neighborhood-wide events where members would get to know each other better. These efforts led to decreases of violence in the neighborhood. This is an example of what kind of empowerment

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

This is an example of what kind of empowerment:

Answer: this is a clear example of the empowerment of the community.

When the community shows unity and commitment, there is nothing they cannot accomplish.

Unfortunately, many times the members of the community show no interest at all in everyday problems that affect the neighborhood and this attitude just makes things worse.

Alone, every member of the community finds it too difficult to overcome adversity. Together, a community can get the unexpected.

How does Gettysburg affect American History by 3 examples?
Will give Brainlist!

Answers

Answer:

The Gettysburg was fought between July 1- July 3 of 1836. This affected American history because General Robert E. Lee was stopped in his tracks. Another is, the right to our freedom was one step towards our victory over the confederates. One last thing is so many people died during that war.

Explanation:

Who are the smaller men, seated at desks in the picture? *

Answers

Answer:

The students of the giants in the picture

As a grade 11 learner, how can you help in promoting "Taking Responsibility in Relationships" to your fellow Filipino youth? End your answer with a slogan about the importance of being responsible in relationships.

Answers

The correct answer to this open question is the following.

It is correct to say that among the very influential transmitters of cultures today are the television, smartphone, internet, and social media. The positive or negative effect towards the Filipino family, politics, and governance is the following.

There is no single day that we watch the news or read the newspaper and find criticism to social media and the time people spent on their mobile phones, practically, wasting their time. And this is the case for Filipino society. Specifically in youngsters. Every day mass media generates more controversy in the way mobile phones are involving younger generations in entertainment and social media that rally do no generates something positive. It creates distraction, too many video games, too much time spent on social media sites wasting time on trivial things, when this time can be invested in education smart entertaining, and other forms to use the internet, television, or digital devices.

New technologies and social sites can be useful in school and the workplace. There are thousands of useful apps to make your job easier.

New technologies allow you to stay connected all the time with employees, co-workers, clients, suppliers, providers, legal offices, government offices, and family members. You can also manage your financial transactions, bank account operations, you can make payments, deposits, withdrawals, and check your balance account.

So television, smartphone, the internet, and social media are not good or bad per se. They are just tools. You are the one who decides to use them appropriately and meaningfully or not.

dan mia miglicant to demande​

Answers

Answer:

which language brother

I WILL GIVE YOU BRAINLYEST

We have learned that the universe is expanding. Is it expanding at some particular point? Exactly what is expanding? Write a detailed report.


Find the surface area or the approximate surface area of each figure.

Answers

The cosmetic molecules and matter which causes more explosives in the universe which leads out to more stars, planets, rocks, meteors, and etc.

who was the first person on the Mars​

Answers

There has been nobody on Mars yet!

The main goal of an informative speech is to convince or influence your audience to act or think a certain way.

True or False.

Answers

False. Informative is just to inform. Not persuade

The Korean War reached a point where neither side could gain an advantage over the other. This is known as a

Answers

Answer:

Seesaw conflict

Explanation:

In the Korean war was fought after the World War II. The Korea war was fought between the North Korean which was supported by the Soviet Union and by South Korean led by the US troops. During the last one and a half year of the war, neither side was able to gain an advantage in the war.

In the year 1950, North Korea invaded South Korea. Neither of the party could gain an advantage in the war as there was a seesaw from south to north and again from north to south. Thus neither of the side could gain an advantage in the war.

What sparked the revolt? in brown's raid

Answers

Answer:On the morning of October 19, the soldiers overran Brown and his followers. Ten of his men were killed, including two of his sons. ... Brown's raid helped make any further accommodation between North and South nearly impossible and thus became an important impetus of the Civil War.

Explanation: It was the first such national crisis to be publicized using the new electrical telegraph. Reporters were on the first train leaving for Harpers Ferry after news of the raid was received, at 4 p.m. on Monday October 17.

Examine the weather map. The arrows are pointing to the line with triangles.

A weather map of the United notes. The following are shown on the map: major cities with high and low temperatures; high and low pressure systems; types of precipitation, fronts.

What does the line indicated by the arrows most likely represent?

a front
an isotherm
high winds
high humidity

Answers

Answer:

Explanation:

high humidity

Answer:d

Explanation:

d

I will give u brainliest and 5 star and thanks if its correct

Answers

A renewable resource is a resource that can be [tex]\sf\purple{replaced}[/tex] as quickly as it is [tex]\sf\pink{used}[/tex].

[tex]\bold{ \green{ \star{ \orange{Mystique35}}}}⋆[/tex]

how to protect forest​

Answers

Answer:

Hello There!!

Explanation:

I believe we can plant trees when they are cut down so they are replaced.

hope this helps,have a great day!!

~Pinky~

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Prepare a journal entry for the purchase of a truck on April 4 for $72,240, paying $5,900 cash and the remainder on account. Refer to the Chart of Accounts for exact wording of account titles.JOURNALDATEDESCRIPTIONPOST. REF.DEBITCREDIT123 PLEASE PLEASE HELP!!!!Find the volume of the triangular pyramid to the nearest whole number A) 170inB) 340inC) 680inD) 1,020 1) 7.269 moles of oxygen gas are used in combusting butane (C H..). How many moles of carbon dioxidegas are produced? You must start with a balanced chemical equation. Start with a balanced equation 38. Consider the following equilibrium:2CO(g) + O2(g) =2CO2Keg=4.0 x 10-10What is the value of Key for 2CO2(g) + 2COR + O2g) ? I will give brainliest Inspiration sources such as a surface design system called are still rooted in tradition What major accomplishment in space occurred in 1969?A. American astrophysicists were the first to determine the speed of lightB. American and Soviet astronauts worked together to orbit the Earth.C. American astronomers discovered the size and temperature of the sun.D. American astronauts became the first people to ever land on the moon. Which details best express the theme that it is important to stay focused on ones dreams?He Had His Dreamby Paul Laurence DunbarHe had his dream, and all through life,Worked up to it through toil and strife.Afloat foreer before his eyes,It colored for him all his skies:The stormcloud darkAbove his bark,The calm and listless vault of blueTook on its hopeful hue,It tinctured every passing beamHe had his dream.He labored hard and failed at last,His sails too weak to bear the blast,The raging tempests tore awayAnd sent his beating bark astray.But what cared heFor wind or sea!He said, The tempest will be short,My bark will come to port.He saw through every cloud a gleamHe had his dream. I need the answer please Shall I compare thee to a summer's day?Thou art more lovely and more temperate:Rough winds do shake the darling buds of May,And summer's lease hath all too short a date"Sonnet 18,"William ShakespeareWhat tone should the speaker use to recite this poem?confused and unsuresincere and romanticsilly and humorousangry and hurt In C complete the following:void printValues ( unsigned char *ptr, int count) // count is no of cells{ print all values pointed by ptr. //complete this part} int main ( ) { unsigned char data[ ] = { 9, 8, 7, 5, 3, 2, 1} ; call the printValues function passing the array data //complete this part} The concept of leverage is that a.a high debt-to-equity ratio is favorable. b.it is appropriate to borrow if the return on the assets is greater than the cost of the financing. c.it is appropriate to borrow as long as the lender approves the loan. d.it is unfavorable to borrow funds rather than raise the capital from stockholders. Dave wants to build a rectangular screened-in porch that is 20 feet long, and it will extend 6 feet out from the backside of his house.Dave sketches a scale drawing of the porch. Choose a reasonable size and scale for Daves drawing of the porch. How should Dave label the dimensions of the model? What is the area of this??? Note: Enter your answer and show all the steps that you use to solve this problem in the space provided.Solve the following equation.-5 = s- 3 A Person typed 180 words per 6 minutes with errors in 18 words. Find the gross speed ,Netspeed, and accuracy percentage of his typing. the three apparitions speak to Macbeth but do not answer any questions he has. What does this suggest about the culture's point of view regarding supernatural elements A. that supernatural elements guide human activity B. that supernatural elements do their best to protect people C. that people are tormented by supernatural elements D. that people cannot exert control over supernatural elements Find the value of x. The climax of The Outsiders occurs in chapters 9 and 10. Explain whathappens during the climax and why this is considered the climax of thenovel. I need to summarize each type of radioactive decay.