Arizona State University FIN FIN MISC YOUR BANK is thinking to issue a regular coupon bond (debenture) with following particulars: Maturity = 4 years , Coupon rate = 9.000%, Face value =…

Arizona State University FIN FIN MISC YOUR BANK is thinking to issue a regular coupon bond (debenture) with following particulars: Maturity = 4 years , Coupon rate = 9.000%, Face value =…

YOUR BANK is thinking to issue a regular coupon bond (debenture) with following particulars:Maturity = 4 years

, Coupon rate = 9.000%, Face value = $1,000.00, Coupon payments are annual at the end of year.

Don't use plagiarized sources. Get Your Custom Essay on
Arizona State University FIN FIN MISC YOUR BANK is thinking to issue a regular coupon bond (debenture) with following particulars: Maturity = 4 years , Coupon rate = 9.000%, Face value =…
Just from $5/Page
Order Essay

 

In the fixed-income securities market, the yield curve for a bond with a similar default risk characteristics as one issued by YOUR BANK, is upward-sloping with the following interest rates per annum continuously compounded:

R,0,1 = 8% R,0,2 = 9% R,0,3 = 10% R,0,4 = 10.250% R,0,5 = 11.5%

Where, the notation R is the spot-interest rate (at time t=0) for T year maturity zero-coupon bond. What should be the issue (offer) price per bond of YOUR BANK in US dollars?

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more