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28 Sep 2019
BANK NOVA SCOTIA
As of 1-Jun-2015
OVERVIEW
Price:
102.51
Coupon (%):
2.125
Maturity Date:
11-Sep-2019
Yield to Maturity (%):
1.576
Current Yield (%):
2.073
Fitch Ratings:
AAA
Coupon Payment Frequency:
Semi-Annual
First Coupon Date:
11-Mar-2015
Type:
Corporate
Callable:
No
OFFERINGINFORMATION
Quantity Available:
500
Minimum Trade Qty:
10
Dated Date:
11-Sep-2014
Settlement Date:
4-Dec-2014
Assume interest rates for bonds today is 5% for an AAA ratedbond. Calculate the price of the bond you have selected relative tothe 5%.
Is the bond selling at a premiumor a discount? Why?
Be sure to show how you arrived at your answer.
PV0 = (coupon) (1- [1 / (1 + r) m]) + par value
R(1+r) m
BANK NOVA SCOTIA | As of 1-Jun-2015 |
OVERVIEW
Price: | 102.51 |
Coupon (%): | 2.125 |
Maturity Date: | 11-Sep-2019 |
Yield to Maturity (%): | 1.576 |
Current Yield (%): | 2.073 |
Fitch Ratings: | AAA |
Coupon Payment Frequency: | Semi-Annual |
First Coupon Date: | 11-Mar-2015 |
Type: | Corporate |
Callable: | No |
OFFERINGINFORMATION
Quantity Available: | 500 |
Minimum Trade Qty: | 10 |
Dated Date: | 11-Sep-2014 |
Settlement Date: | 4-Dec-2014 |
Assume interest rates for bonds today is 5% for an AAA ratedbond. Calculate the price of the bond you have selected relative tothe 5%.
Is the bond selling at a premiumor a discount? Why?
Be sure to show how you arrived at your answer.
PV0 = (coupon) (1- [1 / (1 + r) m]) + par value
R(1+r) m
Hubert KochLv2
28 Sep 2019