EXHIBIT 20-5 Corporate Bond Quotation Table-the Wall Street Journal Online (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Issuer Name Symbol Coupon Maturity Rating Moody's/S&P/Fitch High Low Last Change Yield% MORGAN STANLEY MS.TJ 5.050% Jan 2015 A2/A/A 101.656 101.392 101.628 -0052 4.969 GENERAL ELECTRIC CAPITAL CORF GE HHS 2.250% Mar 2016 Aaa/AAA/- 102.901 102.546 102.566 0.093 2.194 DIRECTV HLDS DTV.GV 46009 Eeb 2021 Baa2/HBB/HBB 101.929 101.342 101.744 0994 4.521 CITIGROUP C.CZ 2.125% Apt 2014 Aaa/AAA/AAA 102.572 101.421 102.524 2.524 2.073 MERRILL LYNCH AND CO BAC.HJG 54509 Jul 2014 A2/A/A+ 108.475 106.000 106.950 -0098 5096 COUNTRYWIDE HOME LOANS BAC.IEU 4,0009 Mar 2013 A2/A/A+ 101.842 101.200 101.363 2.6.38 3946 ALTRIA GP MO.HC 97009 Nov 2018 Baal/BBB/BBB+ 134.029 128.310 128.310 -3246 7.5M GENERAL ELECTRIC CAPITAL CORP GE.HCJ 50009 Dec 2013 Aa2/AA+/- 101.179 101.179 101.179 -0029 4.942 KRAFT FOODS KFT.GD 5.625% Nov 2014 Baa2/BBB /BBB- 105.458 105.044 105.370 0.349 5.338 CHARLES SCHWAB CORP SCHW AD 44509 Jul 2020 A2/A/A 103.594 101.793 102.822 -0.914 4.328 MEADWESTVACO CORP MWV.HA 6.8509 Apr 2015 Bal/BBB/- 107,250 107,000 107.250 0000 6.387 CIT GP CTT.GCB 7.0009 May 2013 B3/B+/– 100,855 96,096 100.750 2000 6.948 COMMUNITY HEALTH SYSTEMS CYH.GI 8.875% Jul 2015 B3/B/B 104.000 103.500 103.875 0375 8.544 NEWPAGE CORP NPGP.GL 11.375% Dec 2014 B2/CCC+/– 82.900 81.500 82.490 1.490 13.790 CHESAPEAKE ENERGY CORP CHK.HT 66259 Auy 2020 Ba3/BB/BB 103.020 100.500 102.875 0625 6440 FORD MOTOR CREDIT CO F.GSQ 80009 Jun 2014 Ba3/B+/BB- 107.250 105.600 106.450 -0.300 7.515 EBERGY FUTURE INTERMEDIATE HLD CO TXU.LT 10.000% Dec 2020 Caa3/B+/– 96.500 96.000 96.250 -0.500 10.390 GOLDMAN SACHS GP GS.YL 5.950% Jan 2018 A1/A/A+ 109.782 106.884 107.602 -2.114 5.530 Which bond had the highest High price? How much?_______

BuyFind

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447
BuyFind

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447

Solutions

Chapter 20, Problem 22AT
Textbook Problem

EXHIBIT 20-5 Corporate Bond Quotation Table-the Wall Street Journal Online

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
Issuer Name Symbol Coupon Maturity Rating Moody's/S&P/Fitch High Low Last Change Yield%
MORGAN STANLEY MS.TJ 5.050% Jan 2015 A2/A/A 101.656 101.392 101.628 -0052 4.969
GENERAL ELECTRIC CAPITAL CORF GE HHS 2.250% Mar 2016 Aaa/AAA/- 102.901 102.546 102.566 0.093 2.194
DIRECTV HLDS DTV.GV 46009 Eeb 2021 Baa2/HBB/HBB 101.929 101.342 101.744 0994 4.521
CITIGROUP C.CZ 2.125% Apt 2014 Aaa/AAA/AAA 102.572 101.421 102.524 2.524 2.073
MERRILL LYNCH AND CO BAC.HJG 54509 Jul 2014 A2/A/A+ 108.475 106.000 106.950 -0098 5096
COUNTRYWIDE HOME LOANS BAC.IEU 4,0009 Mar 2013 A2/A/A+ 101.842 101.200 101.363 2.6.38 3946
ALTRIA GP MO.HC 97009 Nov 2018 Baal/BBB/BBB+ 134.029 128.310 128.310 -3246 7.5M
GENERAL ELECTRIC CAPITAL CORP GE.HCJ 50009 Dec 2013 Aa2/AA+/- 101.179 101.179 101.179 -0029 4.942
KRAFT FOODS KFT.GD 5.625% Nov 2014 Baa2/BBB /BBB- 105.458 105.044 105.370 0.349 5.338
CHARLES SCHWAB CORP SCHW AD 44509 Jul 2020 A2/A/A 103.594 101.793 102.822 -0.914 4.328
MEADWESTVACO CORP MWV.HA 6.8509 Apr 2015 Bal/BBB/- 107,250 107,000 107.250 0000 6.387
CIT GP CTT.GCB 7.0009 May 2013 B3/B+/– 100,855 96,096 100.750 2000 6.948
COMMUNITY HEALTH SYSTEMS CYH.GI 8.875% Jul 2015 B3/B/B 104.000 103.500 103.875 0375 8.544
NEWPAGE CORP NPGP.GL 11.375% Dec 2014 B2/CCC+/– 82.900 81.500 82.490 1.490 13.790
CHESAPEAKE ENERGY CORP CHK.HT 66259 Auy 2020 Ba3/BB/BB 103.020 100.500 102.875 0625 6440
FORD MOTOR CREDIT CO F.GSQ 80009 Jun 2014 Ba3/B+/BB- 107.250 105.600 106.450 -0.300 7.515
EBERGY FUTURE INTERMEDIATE HLD CO TXU.LT 10.000% Dec 2020 Caa3/B+/– 96.500 96.000 96.250 -0.500 10.390
GOLDMAN SACHS GP GS.YL 5.950% Jan 2018 A1/A/A+ 109.782 106.884 107.602 -2.114 5.530

Which bond had the highest High price? How much?_______

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Chapter 20 Solutions

Contemporary Mathematics for Business & Consumers
Ch. 20.I - Calculate the preferred and common dividend per...Ch. 20.I - Calculate the preferred and common dividend per...Ch. 20.I - Calculate the preferred and common dividend per...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the missing information for the...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - The Newmark Corporation has 500.000 shares of...Ch. 20.I - The board of directors of Fortune Industries has...Ch. 20.I - 27. Apex Developers. Inc., has 1,800,000 shares of...Ch. 20.I - Bio-Science Labs stock is currently selling for...Ch. 20.I - 29. You purchase 650 shares of Sunrise Electric...Ch. 20.I - Though investing all at once works best when stock...Ch. 20.II - Using Exhibit 20-5. Corporate Bond Quotation...Ch. 20.II - What is the purchase price of 20 Champion...Ch. 20.II - What are the proceeds of the sale of five Neptune...Ch. 20.II - Calculate the current yield of a Kensington...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the annual interest and current yield of...Ch. 20.II - Calculate the annual interest and current yield of...Ch. 20.II - Calculate the annual interest and current yield of...Ch. 20.II - Calculate the annual interest and current yield of...Ch. 20.II - Calculate the annual interest and current yield of...Ch. 20.III - Using Exhibit 20-6, Mutual Fund Quotation Table,...Ch. 20.III - What are the sales charge and the sales charge...Ch. 20.III - The Freeport Ultra A fund has total assets of...Ch. 20.III - Shauna Marks invested $10,000 in the no-load...Ch. 20.III - Maggie Flowers purchased 2,000 shares of Harley...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20.III - Calculate the sales charge and sales charge...Ch. 20.III - Calculate the sales charge and sales charge...Ch. 20.III - Calculate the sales charge and sales charge...Ch. 20.III - Calculate the sales charge and sales charge...Ch. 20.III - Calculate the sales charge and sales charge...Ch. 20.III - Calculate the net asset value and number of shares...Ch. 20.III - Calculate the net asset value and number of shares...Ch. 20.III - Calculate the net asset value and number of shares...Ch. 20.III - Calculate the net asset value and number of shares...Ch. 20.III - Calculate the net asset value and number of shares...Ch. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - The Victoria Growth fund has an offer price of...Ch. 20.III - The Capital MGT fund has total assets of...Ch. 20.III - Stuart Spector invested a lump sum of $10,000 in a...Ch. 20.III - 29. Butch Gold purchased 500 shares of Shoreline...Ch. 20.III - BUSINESS DECISION: CAPITAL GAINS 30. There are...Ch. 20 - ______, or equities, are a major investment...Ch. 20 - 2. A distribution of a company’s profits to its...Ch. 20 - _________ stock is a class of stock in which the...Ch. 20 - 4. When you are reading a stock table, which two...Ch. 20 - 5. The current ________________ is a measure of...Ch. 20 - 6. The ______ ratio shows the relationship between...Ch. 20 - 7. Write the formula used to calculate the gain...Ch. 20 - A _____ is a loan, or an IOU, in the form of an...Ch. 20 - 9. When you sell a bond, your proceeds from the...Ch. 20 - 10. Write the formula used to calculate the...Ch. 20 - _____ _____ are professionally managed collective...Ch. 20 - The dollar value of one share of a mutual funds...Ch. 20 - The price per share investors pay when purchasing...Ch. 20 - The basic measure of how well an investment is...Ch. 20 - Calculate the preferred and common stock dividend...Ch. 20 - Calculate the preferred and common stock dividend...Ch. 20 - Calculate the preferred and common stock dividend...Ch. 20 - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20 - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20 - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20 - Use Exhibit 20-3, Stock Quotation Table, on page...Ch. 20 - Calculate the missing information for the...Ch. 20 - Calculate the missing information for the...Ch. 20 - Calculate the missing information for the...Ch. 20 - Calculate the missing information for the...Ch. 20 - Calculate the total cost, proceeds, and Rain (or...Ch. 20 - Calculate the total cost, proceeds and gain (or...Ch. 20 - Calculate the total cost, proceeds, and gain (or...Ch. 20 - Calculate the total coat, proceeds, and gain (or...Ch. 20 - 16. The board of directors of Micro-Fine...Ch. 20 - Equinox Energy Inc. has 500,000 shares of $100 par...Ch. 20 - ICC Corp. stock is currently selling at $34.22 per...Ch. 20 - 19. You purchase 350 shares of Universal Metals...Ch. 20 - EXHIBIT 20-5 Corporate Bond Quotation Table-the...Ch. 20 - EXHIBIT 20-5 Corporate Bond Quotation Table-the...Ch. 20 - EXHIBIT 20-5 Corporate Bond Quotation Table-the...Ch. 20 - EXHIBIT 20-5 Corporate Bond Quotation Table-the...Ch. 20 - EXHIBIT 20-5 Corporate Bond Quotation Table-the...Ch. 20 - Use Exhibit 20-5, Corporate Bond Quotation Table,...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the accrued interest and the total...Ch. 20 - Calculate the annual interest and current yield of...Ch. 20 - Calculate the annual interest and current yield of...Ch. 20 - 34. On May 1. Emerson Fast bought 10 Manitoba...Ch. 20 - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20 - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20 - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20 - Use Exhibit 20-6, Mutual Fund Quotation Table, on...Ch. 20 - Calculate the sales charge and sales charge...Ch. 20 - Calculate the sales charge and sales charge...Ch. 20 - Calculate the net asset value and number of shares...Ch. 20 - Calculate the net asset value and number of shares...Ch. 20 - Calculate the total cost, proceeds, total gain (or...Ch. 20 - Calculate the total cost, proceeds, total gain (or...Ch. 20 - Calculate the total cost, proceeds, total gain (or...Ch. 20 - 46. RedRock Strategic fund has an offer price of...Ch. 20 - 47. Springfield Aggressive fund has total assets...Ch. 20 - 48. Karl Hellman invested a lump sum of $20,000 in...Ch. 20 - 49. Kyle Pressman purchased 800 shares of Three...

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