City Street Fund has a portfolio of $400 million and liabilities of $12 million. If there are 50 million shares outstanding, what is net asset value? (Round your answer to 2 decimal places.) 2. During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What was the real HPR on the bond over the year? (Round your answer to 2 decimal places.) b. Find the approximation rreal ≈ rnom – i.

City Street Fund has a portfolio of $400 million and liabilities of $12 million. If there are 50 million shares outstanding, what is net asset value? (Round your answer to 2 decimal places.) 2. During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What was the real HPR on the bond over the year? (Round your answer to 2 decimal places.) b. Find the approximation rreal ≈ rnom – i.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter6: Fixed-income Securities: Characteristics And Valuation

Section: Chapter Questions

Problem 15P

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