Free Essays on Nourishment to Get Inspired & Learn by Example

Varying Coupons

The ABC Corporation issues a very unusual type of bond on July 1, 2010. It is issued in units where the face amount is $1000 and the redemption amount is $1500 at July 1, 2020. Semi-annual coupons are payable January 1 and July 1 an are as follows: What should the initial offering price per unit be if the yield to maturity is to be 10% per annum compound semi-annually?

Hence: YTM=10*21000x-1=0.12=0.05x≈$376.89

b) Is this a premium or a discount? Specify the amount. Since the payments for semi-annual coupons are started from $60 (which is 6% of Continue reading...

Not everyone can afford to buy a brand new car. However, those who prefer to have their own conveyance rather than relying on public transport concede to a compromise and decide to buy a used car. At this point, the tips for striking a reasonable bargain in buying a used car come in handy. Although the step to buy a used car is usually considered a second choice, some people who prefer to switch cars frequently prefer a used car over a brand new one. In order to find a used car, the buyer needs to find a source Continue reading...

Childrearing is one of the toughest and most challenging task a parent has to undertake to ensure that his/her offspring turns out to be the person they want him/her to be in the future. This is what shapes the life of the child in question since it is a series of activities that influence the decisions that a child will make growing up and the eventual character he/she will uphold upon growing to be independent. This paper is out to find out the effect of parental childrearing practices on gender difference at the individual as well as the institutional Continue reading...