hnd 投资学.doc

1 UK’s government has issued this bond. Its annual coupon rate is 8%. And the redemption date is 2015. Its face value is £100.
It is issued by UK’s government. Its coupon rate and capital repayment are both adjusted by inflation rate. Its capital repayment is 2011. Its annual coupon rate is %.
2. The purchase took place on the 10 July
Consideration: ￡20000/100×= ￡20900
The interest is paid half yearly on 1 April and 1 October
￡20000×8%×1/2=￡800
800×84/184=
Ignore brokerage fees in your calculation
Total: ￡20900+￡= ￡
3. Ordinary shares represent ordinary ownership shares in a corporation. The ordinary shares have some features. Firstly, it is the main share capital pany. Also it can be freely sold to others and to sell or transfer without restriction. And the ordinary share has the face value, but it has no fixed value, it changes with the market price. It is also a high risky investment and issued with nominal value. Besides it has the full voting rights. And the dividends are payable pany profits permit.
Besides, ordinary shareholders also have some rights. Firstly, it could not only be invited to attend all meetings but also receive annual report and accounts. Also they have the opportunity to subscribe for rights and convertible issues on a prorate basis, which is called a preemptive right. And they could sell their shares, or transfer