In the story the “Adventure of the German Student” by Washington Irving‚ tells the reader that the main character Gottfried Wolfgang has a problem throughout the whole story he thinks there’s an evil spirit messing with ‚ which I believe it lie within Wolfgang himself. Wolfgang came from a good family and a very educated young man but his studies made him go a little crazy because he started thinking and seeing things that weren’t even there. “His secluded life‚ his intense application and the
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Bonds and Their Valuation After reading this chapter‚ students should be able to: • List the four main classifications of bonds and differentiate among them. • Identify the key characteristics common to all bonds. • Calculate the value of a bond with annual or semiannual interest payments. • Explain why the market value of an outstanding fixed-rate bond will fall when interest rates rise on new bonds of equal risk‚ or vice versa. • Calculate the current yield
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perpetual bond is currently selling for RS. 95/-. The coupon rate of interest is 13.5%. The approximate discount rate is 15%. The value of the bond and the YTM is: (a) Rs. 90/- and 14.2% Value is (13.5*15%=90) and YTM is ((13.5/95)*100=14.21%) (b) Rs. 100/- and 13.5% (c) Rs. 90 and 15% (d) Rs. 90/- and 13.5% 902. In 2001‚ Meridian Ltd. has issued bonds of Rs. 10‚000/-each due in 2011 with a 14% per annum coupon rate payable at the end of each year during the life of the bond. If the required
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According to Ruskin (2003)‚ “the rise of childhood obesity is part of a larger story: how corporations have laid claim to children’s imagination and play—to childhood itself.” Ruskin (2003) also states that “in the process of redefining children as “consumers”‚ corporations have redefined the nature of childhood disease.” He says that “our children suffer not from the results of infection or lack‚ but from the role the commercial culture has assigned them” (Ruskin‚ 2003). Obese children have a low
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NAME: MASSAWE BARAKA‚ REG. NO: 2010-04-03894. 12 FINANCE 202 INDIVIDUAL ASSIGNMENT UDBS Consider a 10 year bond that has a face value shs 1000‚ a coupon rate of 6% and pays interest once a year. (a)Suppose person A bought this bond at par when it was initially issued and sold it 1 year later to person B for shs 1024.What is B’s total return? Soln Total return =[ Interest paid +(selling price – buying price)]/buying price Given; Annual interest paid = coupon rate x par value‚ coupon
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90‚000 Share of dividends (.25 × $160‚000) (40‚000) Balance in investment account $550‚000 2)During 2008‚ PK Co. purchased 2‚000‚ $1‚000‚ 9% bonds. The carrying value of the bonds at December 31‚ 2010 was $1‚960‚000. The bonds mature on March 1‚ 2015‚ and pay interest on March 1 and September 1. PK sells 1‚000 bonds on September 1‚ 2012‚ for $988‚000‚ after the interest has been received. PK uses straight-line amortization. The gain on the sale is Discount amortization: $40
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My Traveling Adventure The wind hummed past my head‚ and I noticed off to my side that the sky was starting to clear and that the water surrounding me was becoming a brighter shade of blue. The features of my destination were quickly becoming more distinguishable with each second that passed. Only fifteen minutes before‚ the features coming into view had appeared as small white dots across the horizon. Looking at my small digital watch‚ I noticed that the time was 3:45 p.m.‚ five minutes away
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BOND PROBLEM SOLUTIONS 1. Six years ago‚ The Corzine Company sold a 20-year bond issue with a 14 percent annual coupon rate and a 9 percent call premium. Today‚ Corzine called the bonds. The bonds originally were sold at their face value of $1‚000. Compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price. PV = 1000; N = 6; PMT = 140; FV = 1090; CPT I/Y I/Y = 15.02% 2. You just purchased
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unimportant as that day might’ve been‚ I know that not all people would even play the board game with their grandchildren. Sue Straw was born on August 11‚ 1958. She had eight siblings‚ and she would give birth to my mother on March 19‚ 1978. My Grandma is special to me because she is generous‚ dependable‚ and loving. The generosity of my grandmother‚ better known as Granny to my sister and I‚ has been shown in many ways. First‚ Granny is willing to take off work for an extended period of time
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"Journey to the Center of the Earth‚" by Jules Verne An adventure is an exciting or unusual experience. And it may also be a bold‚ usually risky undertaking‚ with an uncertain outcome. Adventures may be activities with some potential for physical danger . 1 a : an undertaking usually involving danger and unknown risks b : the encountering of risks 2: an exciting or remarkable experience 3: an enterprise involving financial risk Adventurous experiences create both psychological
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