Chapter 5 (5 - 9) Bond Valuation and Interest Rate Risk Bond L Bond S INS = $100 INS = $100 M = $1‚000 M = $1‚000 N = 15 Years N = 1 Year a) 1) rd = 5% VBL = INT/ (1 + rd)t + M/ (1 + rd)N =INT [1/rd – 1/ rd(1 + rd)N ] + M/ (1 + rd)N =$100 [1/0.05 – 1/ 0.05(1 + 0.05)15] + $1‚000/ (1 + 0.05)15 =$1040 + $480.77 = $1518.98 VBS = INT/ (1 + rd)t +
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A ten year war all because of an golden apple. Yes you read that right. One single golden apple. that 3 goddess fought over. At first all the goddess were fighting over it but back out. Those 3 goddess are Hera‚ Athena‚ and Aphrodite. Zeus is a bit at fault. Of course when there’s a problem it’s most likely Zeus fault. The mortals screw up too but the gods can control so much and is responsible for a lot more than mortals. Mortals screw ups don’t do to much damage. But with the gods it like they
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Born in 1861 in Gilmanton‚ New Hampshire‚ Dr. H. H. Holmes (an alias) was one of America’s first serial murderers. He took over a Chicago pharmacy and built it into an elaborate maze of death traps to which he lured numerous victims during the 1893 Columbian Exposition. He was eventually captured and hanged in 1896. Erik Larson portrayed Holmes in the book "The Devil in the White City." Early Life Serial killer‚ con artist. Born Herman Webster Mudgett in 1861 in Gilmanton‚ New Hampshire. Sometimes
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instituted a key factor of the style in the 1880s. I for one believe the 80s influenced the fashion industry‚ evolving into what we have today. When we think of the 80s‚ we attribute parachute pants‚ perms‚ and bright lipstick. The 80s created the idea fads. Never before had a style been so influential through movie stars and artists‚ a product of women’s equality‚ and long-lasting trends. Just like today‚ movie stars in the 80s influenced women’s style all over the country. Stars‚ such as Madonna
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what my parents had grown up on in the 80s‚ especially the music. As I got older‚ the movie culture began to be the main interest to me. This year I have found myself constantly imagining I was in an 80s having the freedoms that having been taken away from youth today. The 80s may be full of crazy hair and cheesy songs‚ but that’s what makes it so wonderful to me. In my family music is a very important element‚ growing up the soundtrack of my life was constant 80s music my parent would play in the background
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John Reed was a journalist‚ poet‚ and socialist activist from Portland‚ Oregon. Reed was often sick growing up. Surrounded by nurses for much of his childhood and select friends. He was isolated until he entered school. As Reed grew older he entered Harvard and aimed to be a journalist. There at Harvard was Reed’s first introduction to socialism. His friend Walter Lippmann was presided. Although Reed never joined it was an ideology that would remain within his psyche for many years. After graduating
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Looking for Alibrandi: “When we are no longer able to change a situation‚ we are challenged to change ourselves” Victor Frankl “When we are no longer able to change a situation‚ we are challenged to change ourselves.” By Victor Frankl Victor Frankl is saying when we come to the point where we can’t change a situation that we are forced to change ourselves instead. This process of changing ourselves is a challenge but in a funny way is easier than pushing and trying to change a situation
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what we’ll do is we’ll navigate down to the bottom of the menu‚ and we’ll click on 14 NBOND for bond news. Clicking that‚ it’ll load a very familiar page for you. This is the news categories. And you’ll notice on the top left in the toolbar it says bonds. So now we have our top bond news. This isn’t just our top bond news‚ but also we can choose popular news‚ and we can also see all news for bonds. You can customize the type of fixed income news by either clicking on customize and choosing
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Jollibee acquires Mang Inasal The country’s biggest food retailer is acquiring majority control of a fast-growing barbeque fastfood chain in a continuing bid to beef up its business portfolio. Jollibee Foods Corporation (JFC) disclosed to the Philippine Stock Exchange that it is acquiring 70% of the shares of Mang Inasal for Php3 billion. This came as a surprise
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TYPES OF BONDS There are a plenty amount of different types of bonds‚ existing nowadays. Actually‚ the bond market offers investors a lot more choices than the stock market. Which bonds to choose depends on the goals‚ tax situation and the risk tolerance of a person who is going to invest in bonds. The broad bond market includes in itself government‚ municipal‚ corporate‚ mortgage-backed or asset-backed securities and international bonds. Within each broad bond market sector it is possible to
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