Bond Valuation and Management: A Comprehensive Guide
Bond Valuation and Management
Basic Concepts
1. What is the correct definition of a coupon rate?
B. Annual interest / Par value
2. What is the annual interest divided by the market price of a bond called?
C. Current yield
3. What is the yield to maturity (YTM)?
A. The discount rate that equates a bond’s price with the present value of the bond’s future cash flows.
4. What is a premium bond?
D. A bond with a market price that exceeds its par value.
5. What is a discount bond?
E. A bond with a face value that
Read MoreInterest Rates and Money Market Instruments: A Comprehensive Guide
1. Which one of the following is the interest rate that the largest commercial banks charge their most creditworthy corporate customers for short-term loans?
C. prime
2. Which one of the following terms applies to a rate that serves as an indicator of future trends?
A. bellwether
3. Which one of the following rates is the rate that banks charge each other for overnight loans of $1 million or more?
C. Federal funds
4. Which one of the following rates is the rate a commercial bank must pay the Federal Reserve
Read MoreFrozen Assets
{
“titl”:”Item 9 – The frozen
2 .- From the entries of the company ALAIOR SA you have listed then resolves the issues you raise at the end of the activity:
1. On 01/10/XX buy furniture for € 3500 + VAT. In transport concept, the supplier invoice € 200 + VAT, and way of insurance, € 50 + VAT. Payment by bank transfer.
2. On 15/07/XX acquires a local expansion of the facilities of the company for € 254,000 + VAT, € 54,000 of which correspond to the value of the site. Payment via check.
Internal Audit: A Comprehensive Guide
Internal Audit in Organizations
1. Emergence of Internal Audit
The initial role of internal audit focused on verifying accounting records, protecting assets, and preventing fraud.
2. Evolution of Internal Audit
The second stage arose due to the creation of the Securities and Exchange Commission in the US, requiring confidence in financial information.
3. Institutionalization of Internal Audit
The third stage emerged with the establishment of the Institute of Internal Auditors, promoting professional development
Read MoreAudit Note Book and Internal Audit: Importance and Functions
Audit Note Book
An audit note book is a document prepared by audit staff to record uncleared queries, errors, and points for discussion with auditors or clients. It contains information about daily audit work and points to be included in the audit report.
Contents of Audit Note Book
- Copy of audit program
- Nature of business and important documents
- Client name and audit year
- List of books of accounts
- Principal officers’ names, duties, and responsibilities
- Accounting and financial policies
Special Matters to
Read MoreStatistical Hypothesis Testing and Confidence Intervals
1. Consider the three statements below. Draw a circle around any (if any) and all that are valid statistical hypotheses.
HA: p
_____ 3. Definition: the probability, assuming the null hypothesis is true, that a test statistic takes a value as extreme or more extreme than the value actually observed is which of the following?
(D) P-value
4. In the article “Shooting Left the Right Way” it is reported that 63% of all skaters
Read More