Corporate Bonds

Archive for November, 2008

Question: Bonds – Finance Question?

Two years ago you purchased 316 Corporate Bonds. The bonds mature in 2029, have a coupon rate of 8.625? and a yield to maturity of 6.46% What was the cost of the entire purchase?

Answer: two years ago is 2007? if it is: 316 is its annuity is monthly?
if its market price is 1000$, the question is lack of information please write all data I ll calculate it, both mathematically and on the excel I had such question 1 week ago in my mid-term exam

write: market price, annuity(annually, semiannually quarterly,monthly or daily), years so now do you want to find out bond’s Price?

I can give you excel format now, =PV(0,0646;20;86,25;-1000) here Ytm=0,0646, 20 is years(nper),
86,25 (1000*8,625%) is pmt and Fv is 1000. as far as I could understand from ur question,

Placing a Corporate Bond Order Trading Web site

Question: Does anyone have a high dividend investment that pays dividends of 9%+ per year with a consistent history?

I like ETFs and corporate bond funds so far but I am open to research anything besides pink sheet investments.

Thank you in advance!

Answer: Canadian Royal Trusts were your” best bet” up until last Halloween when the Finance Minister decided to change the laws about how they were going to be taxed in the future…. right now they are in a state of flux because no one is sure if the changes will take place or the government will be thrown out ( yes! It’s that serious to the hundreds of thousands of retired Canadians who had invested in these trusts for the monthly dividends… a personal social security check as it was)
But anyway, the price of these CANROY’s is down right now ( because of the uncertainty) …AND even if the changes come about, they won’t take effect until 2011….so if you are just a little bit of a risk taker you can get well over 11% for awhile..
If you want to keep an eye on the situation go to www.investorvillage and log into the CANROYS board …just loaded with intelligent, serious investors figuring all angles of the situation.
Other than the CANROYS, I think you would have to look into REIT’s ….. although personally I went somewhat the other direction into Southern Copper( PCU) that pays a 10% dividend… trusting an individual stock …
Many of the ” country” ETF’s have been making well over 10% but no guarantees.

THE BOND BAND LIVE – THE LIVING DAYLIGHTS & HISTORY p.1