Bond P is a premium bond with a coupon rate of 9.7 percent. Bond D is a discount bond with a coupon rate of 5.7 percent. Both bonds make annual payments, have a YTM of 7.7 percent, have a par value of $1,000, and have twelve years to maturity. a. What is the current yield for Bond P? For Bond D?

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service

The five steps to financial success a. five money myths b. five foundations