PART II: CORPORATE BOND This project entire project will be submitted via one excel document,...

60.1K

Verified Solution

Question

Accounting

image

PART II: CORPORATE BOND This project entire project will be submitted via one excel document, not a word or PDF document. For all of the following Corporate Bonds, use the information gathered from|FINRA.org estimate the following for each bond (calculate all 5 for each bond): JPMORGAN CHASE \& CO - 6.4\% - MAY 2038 B-JPM-6.4-15052038 1. Estimate the YTM using the most recent price listed on finra.org. 2. Calculate the bond's Macaulay Duration. (use the formula in the book) 3. If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4. Calculated the bond's modified Duration 5. Calculate the Dirty Price of the bond if you bought it today (show your work) MICROSOFT CORP - 5.2\% - JUN 2039 B-MSFT-5.2-01062039 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) GOLDMAN SACHS GROUP INC - 6.25\% - FEB 2041 B-GS-6.25-01022041 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) BANK AMER CORP - 3.875\% - AUG 2025 B-BAC-3.8750-08012025 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) ADVANCED MICRO DEVICES INC - 3.924\% - JUN 2032 B-AMD - 3.924-06012032 1. Estimate the YTM using the most recent price listed on finra.org. 2. Calculate the bond's Macaulay Duration. (use the formula in the book) 3. If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4. Calculated the bond's modified Duration 5. Calculate the Dirty Price of the bond if you bought it today (show your work) PART II: CORPORATE BOND This project entire project will be submitted via one excel document, not a word or PDF document. For all of the following Corporate Bonds, use the information gathered from|FINRA.org estimate the following for each bond (calculate all 5 for each bond): JPMORGAN CHASE \& CO - 6.4\% - MAY 2038 B-JPM-6.4-15052038 1. Estimate the YTM using the most recent price listed on finra.org. 2. Calculate the bond's Macaulay Duration. (use the formula in the book) 3. If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4. Calculated the bond's modified Duration 5. Calculate the Dirty Price of the bond if you bought it today (show your work) MICROSOFT CORP - 5.2\% - JUN 2039 B-MSFT-5.2-01062039 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) GOLDMAN SACHS GROUP INC - 6.25\% - FEB 2041 B-GS-6.25-01022041 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) BANK AMER CORP - 3.875\% - AUG 2025 B-BAC-3.8750-08012025 1 Estimate the YTM using the most recent price listed on finra.org. 2 Calculate the bond's Macaulay Duration. (use the formula in the book) 3 If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4 Calculated the bond's modified Duration 5 Calculate the Dirty Price of the bond if you bought it today (show your work) ADVANCED MICRO DEVICES INC - 3.924\% - JUN 2032 B-AMD - 3.924-06012032 1. Estimate the YTM using the most recent price listed on finra.org. 2. Calculate the bond's Macaulay Duration. (use the formula in the book) 3. If there is a 0.5% increase in rates, what should happen to the bond price (use Macaulay Duration) 4. Calculated the bond's modified Duration 5. Calculate the Dirty Price of the bond if you bought it today (show your work)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students