You find a bond with 23 years until maturity that has a coupon rate of 8 percent and a yield to maturity of 10 percent What Macaulay duration? The modified duration? Note: Do not round intermediate calculations. Round your answers to 3 decimal places. Answer is complete but not entirely correct. Duration Macaulay Modified 10.131 years 9.210 years

Q: How to complete the personal balance and calculate the net worth?

A: Calculation of Net worth and Personal balance.

Q: What is seasonal dating?

A: It arranges the invoice date or the date at which the discount and credit period starts, to a time…

Q: How much is legal capital?

A: it's the nominal value of all the accumulative shares issued by the corporate. for example, if a…

Q: What is the income statemen, owners equity, balance she

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Q: Types of Trusts?

A: The types of trusts as follows: Living trust: One of the usually shaped trust is an inter vivos…

Q: What types of investments generate interest income and how is interest income reported?

A: Ans. Interest income is the earnings received in return of the amount deposited as investments.

Q: What is the January effect? Is this an anomaly or is there a rational explanation?

A: In the world of finance in general and investments in particular 'January effect' is a theoretical…

Q: What causes the balance in a capital account to change each year?

A: Balance Sheet: A balance sheet is a statement which provides financial data related to the assets,…

Q: What are blue sky laws?

A: Blue sky laws are state-level, anti-fraud regulations that require issuers of securities to be…

Q: sum of the years digit method

A:

Q: what types of investments generate interest income and how is interest income reported?

A: When a person makes an investment then that person will earn a return or an income on that…

Q: What do you want to save or invest for? By When/Year? 1. __________________________ _____________ 2.…

A: Savings are defined as the setting aside the funds that an individual does not spend currently and…

Q: Explain the meaning of Estate.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Amounts of interest depend on lengths of time.Explain how?

A: Interest is also dependent on the base of the length of time A loan taken for a long period of time…

Q: What is comprehensive income?

A: Definition: Comprehensive Income: When there is a change in the total stockholder's equity from all…

Q: When do prepayments occur? Accruals?

A:

Q: how were the percentages found

A:

Q: What is a prior-period adjustment?

A: Statement of retained earnings: This is a financial statement that shows the amount of net income…

Q: What is the role of trusts in estate planning?

A: The process of managing the assets of an individual or an organization until the death of the…

Q: I am studying uniform series or annuities. Does the uniform series are continuous with respect to…

A: Annuity is the periodic instalment which is received or paid at regular intervals.

Q: What is maturity date?

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Q: Do time lines deal only with years, or can other time periods be used?

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Q: Explain Estate for Years: Tenancy for Terms?

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Q: How to calculate the inheritance amount?

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Q: Definition of income measurement?

A: The income statement is one of the financial statement of the business.

Q: what is Gerri Faber, Capital

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Q: What is EPS and how is it calculated?

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Q: Definition of Estate?

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Q: What is the importance of date of declaration, date of record, and date of payment?

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Q: How was net income in question 4 determined?

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Q: a basis per

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Q: What does common stock represent?

A: The shareholders' equity section is presented on the liabilities side of balance sheet. This section…

Q: Retrospectively or Prospectively?

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Q: What is meant by maturity date?

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Q: How do you measure returns to real estate investments

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