FIN 620 Long-term Financial Management Homework Assignment 8 Answers – Homeworkmade

DOWNLOAD: FIN 620 Long-term Financial Management Homework Assignment 8 Answers – Homeworkmade

FIN 620 Homework Assignment 8

Problem 25­-6 Duration

What is the duration of a bond with three years to maturity and a coupon of 7 percent paid annually if the bond sells at par? 

Problem 25­-4 Marking to Market

You are long 10 gold futures contracts, established at an initial settle price of $1,580 per ounce, where each contract represents 100 ounces. Over the subsequent four trading days, gold settles at $1,587, $1,582, $1,573, and $1,584, respectively. 

Problem 25­-2 Futures Quotes

Suppose you sell five March 2012 silver futures contracts on November 22, 2011, at the last price of the day. Use Table 25.2