In: Finance
23)Use the following data about a fixed coupon corporate bond to answer the following question. The yield to maturity of the bond is greater than 8% settlement 11/14/2016 maturity 11/14/2026 rate 10% price 101 redemption 100 frequency 2 basis 0
is it :True or False
26)
| Bank Asset Bond A | Bank Liability L | ||||
| Settlement | 6/27/2019 | Settlement | 6/27/2019 | ||
| Maturity | 6/27/2029 | Maturity | 6/27/2022 | ||
| Rate | 10% | Rate | 8% | ||
| Yield | 9% | Yield | 8% | ||
| Redemption | 100 | Redemption | 100 | ||
| frequency | 2 | frequency | 2 | ||
| basis | 0 | basis | 0 | ||
| price of bond | price of bond | ||||
| The priice of the bank asset is between 105 and 107 | |||||
| The price of the bank liability is 100 | |||||
it is :true or false