Message from StrawberryArmada in MacGuyver - Skills & Academics #homework-help


2018-01-25 19:17:33 UTC  

Lemme find my calculator

2018-01-25 19:17:37 UTC  

^uploading

2018-01-25 19:17:39 UTC  

ty

2018-01-25 19:21:59 UTC  

Pretty sure 8 is correct

2018-01-25 19:22:48 UTC  

Would just be the average

2018-01-25 19:22:55 UTC  

Ok good that's what i had thought

2018-01-25 19:23:18 UTC  

What's the other question?

2018-01-25 19:23:30 UTC  

3. Assume the original maturity a bond with face value $1000 is 8 years. The annualized
yield to maturity for the bond is 6.25% and its annual coupon rate is 7.5% being
2
semiannually paid. The bond was issued on 8/1/2015, and bought on 12/1/2017.
Compute the following:
(1) dirty price, (2) clean price and (3) accrued interest. (7 points)

2018-01-25 19:24:06 UTC  

I calculated 1058.76 for dirty price, 1046.26 for clean and 12.5 for accrued interest.

2018-01-25 19:24:30 UTC  

I understand this problem, what I don't get is how to calculate the accrued interest because I don't know how to determine the intervals of the semi annual interest payments.

2018-01-25 19:26:26 UTC  

Hmm. Send pic of question

2018-01-25 19:27:03 UTC  

https://cdn.discordapp.com/attachments/387060078433271808/406168109834174475/unknown.png

2018-01-25 19:28:39 UTC  

2 min

2018-01-25 19:31:40 UTC  

Ok so the equation for AI might be

cash flow (1-(days/total days in coupon period))
Idk that helps

2018-01-25 19:33:28 UTC  

Yeah I know that much, thank you, I'm having trouble just discerning the days since the last coupon payment from the dates given is all.

2018-01-25 19:36:15 UTC  

Bonds usually pay interest on the first day of January and July

2018-01-25 19:36:31 UTC  

That's usually what semiannual implies.

2018-01-25 19:36:37 UTC  

Ok.

2018-01-25 19:36:38 UTC  

Ty

2018-01-25 20:26:45 UTC  

@SamanthaM awesome, I think this is the first homework help of the new academic channels!

2018-01-29 00:29:26 UTC  

Would anyone @here be willing to read my rought draft for a paper I'm writing on this video:

2018-01-29 00:31:37 UTC  

Also any specific sources to help back up my statements would be appreciated

2018-01-29 00:37:17 UTC  

@StrawberryArmada I suggest putting the paper into a google doc, and creating a share link where anyone with the link can comment on (but not edit) the document

2018-01-29 00:39:17 UTC  

Good idea

2018-01-29 00:46:18 UTC  

This should work

2018-01-29 00:46:20 UTC  

Halp pls

2018-01-29 00:46:28 UTC  

:)

2018-01-29 01:22:09 UTC  

@StrawberryArmada Alright dude I looked over it, left my comments and some sources I found. Hopefully someone else can give it a once over as well @here

2018-01-29 01:22:32 UTC  

Thanks mate. I still have a week before the finally draft

2018-01-29 01:25:17 UTC  

yw!

2018-01-29 02:52:36 UTC  

Anyone able to help with an algebra problem? Pretty basic

2018-01-29 02:53:17 UTC  

@Warren H shoot

2018-01-29 02:53:32 UTC  

9u = 6/5

2018-01-29 02:53:47 UTC  

https://cdn.discordapp.com/attachments/387060078433271808/407367696531849226/image.jpg

2018-01-29 02:53:49 UTC  

How do i get to 2/15?

2018-01-29 02:54:00 UTC  

Multiply both sides by 5

2018-01-29 02:54:10 UTC  

so on the left you have 45 u

2018-01-29 02:54:43 UTC  

an the right the 5 on the bottom cancels out with the 5 on the top you just multiplied

2018-01-29 02:54:52 UTC  

so 45u = 6