Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.
You are given the following price quotations on a Treasury Bond for the close oftrading on May 31 and June 30, 2000. As on June 30 this Treasury Bond has a 90-dayremaining life.(i) On May 31, the Treasury Bond had a 120-day remaining life. On that day whatpercentage of par value would you pay to purchase the Treasury Bond?(ii) Assume you purchased the Treasury Bond on May 31 and later sold it on June30. What rate of return did you earn during this one-month period
Answer Attachments
Next: If money supply in a given economy equals 500 while the velocity and price equal 8 and 2 respectively, determine the level of real and...
Previous: Assume a consumer spends all his income in the purchase of two goods X and Y whose prices are Sh. 30 and Sh. 20 per...
View more CPA Financial Management Questions and Answers | Return to Questions Index
Explain how the Capital Authority can ensure:(i) faster growth and development of the Nairobi Stock Exchange or StockExchange in your country. (ii) development of other stock exchanges in Kenya or in your country.
Date posted: February 7, 2019 . Answers (1)
What economic advantages are created by the existence of:(i) Primary markets. (ii) Secondary markets (iii) Portfolio management firms