Bài tập Chapter 3, 4
Các bạn ghi từng bước giải vào giấy, chụp lại và submit lên hệ thống nhé.
Không chấp nhận bài tập chỉ ghi mỗi đáp án.
EX1: In February 2009 you purchase a 3 year US Government bond. The bond has an annual coupon rate of 4.875%, paid semi-annually. If investors demand a 0.6003% semiannual return, what is the price of the bond?
EX2: Company Y has 7-year bonds outstanding that pay a coupon rate of 9.5%. If these bonds are priced at $1,065, what is the yield to maturity on these bonds? Assume that these bonds pay semiannual coupon. Knowing that the face value is $1,000.
EX3: What is the duration of a zero-coupon bond with a face value of $1,000. Know that the maturity is 5 years and the yield to maturity is 8%.
EX4: Read "Corporate Bonds and The Risk of Default" in your slide:
a) Explain briefly the meaning of "AAA, BBB, CCC" in the bond rating.
b) What is junk bonds? (Lowerd-rated bonds or Higher-rated bonds)
c) Name 1-2 rating companies in the U.S. and Vietnam.
EX5: A firm has an income statement of 2024 as below. The firm has 100 outstanding common stocks selling at $60 per share.
a) Complete the income statement.
b) Calculate Earnings per Share and P/E ratio.
|
2024 |
|
|
Revenue |
$725 |
|
Cost of good sold |
$390 |
|
Selling, general, and administrative expenses |
$121 |
|
Depreciation |
$80 |
|
Earnings before interest and tax |
? |
|
Interest payment |
$37 |
|
Earnings before tax |
? |
|
Tax (20%) |
? |
|
Net income |
? |
EX6: A firm has 100 outstanding common stocks selling at $60 per share. What is the firm’s market capitalization?
EX7: ABC Company is expected to pay a dividend of $1.5 per share. Knowing that the current stock price is $46 and the P/E is 10.2. Calculate the plowing back ratio.