Posts Tagged ‘investment’
Corporate Bonds Australia
October 17th, 2010
Question: Which is the best Master of Commerce in Australia?
I would like to know which university between ANU, UNSW, Syd Uni, Melb Uni, Monash, Bond and Macquarie would be best regarded by the corporate finance industry? They all seem to be about the same price, but it is unclear which program is the most prestigious and has the best corporate links/career services.
Answer: UCLA
Keys bi-partisan call
Corporate Bonds Investopedia
January 18th, 2010
Question: Calculating Accrued Interest with BA II Plus?
Ok, so I'm trying to teach myself some extra bond analysis. Anyways, I'm trying to do the problem that is on Investopedia's website, but can't get the right answer. Question: On March 1, 2003, Francesca is selling a corporate bond with a face value of $1,000 and a 7% coupon paid semi-annually. The next coupon payment after March 1, 2003, is expected on June 30, 2003. What is the interest accrued on the bond?
The values I type in my calculator:
SDT = 3-1-2003
Coupon =7
RDT = 6-30-2003
RV = 100
360
2/Y
YLD = I leave it at default 0 (I don't think yield has an effect on
AI
I then go to price and hit compute, I get 102.3
I then go to Accrued Interest, I get 1.186
However, investopedia says the answer is 11.67.
Can someone please help me figure out where i'm going wrong
Answer: i got what you did
Posted in Corporate Bond Investing | 
Tags: corporate bonds investopedia, finance, income, investing, investment, investopedia | 
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