- HSC Level 2/3 Unit 012 Assignment: Care Worker Responsibilities and Ways of Working
- CIPD Level 5HR03 Assignment: Understanding Reward Approaches and Their Impact on Performance and Contribution
- CIPD level 5HR02 Assignment: Talent Management and Workforce Planning Unit Guide
- Level 3 D/615/3823 Assignment: Regulation, Protection, and Collaborative Practice in Health and Social Care
- PGM216D Assignment: Bicycle Store Sales Management Application
- MATH6033 Assignment: Epidemiological Investigation of Cardiovascular Health and Tea Consumption Risks
- EH6147 Assingment: Stakeholder Analysis for Quality Improvement in Hand Hygiene Compliance
- Assignment: Investigation of Solution Concentration Through Standard Preparation, Titration, and Colorimetry Techniques
- MATH6033 Assignment: Cardiovascular Risk and Tea Drinking: Epidemiological Analyses
- CIPD level 3 3CO03 Assignment: Core behaviours for people professionals
- DAC4B1: Personal development in adult care settings
- Unit 19 Research Project Assignment 1: Impact of Corporate Social Responsibility on Business Success & Community Wellness
- EG5022 Assignment: Georeferencing and Accuracy Assessment of a Quarry 3D Model Using Photogrammetric GCPs
- Assignment: Financial Performance and Strategic Analysis of a UK Listed Company: A CORE Evaluation and Reflective Review
- 5CNMN002W Assignment: Advanced measurement- Major measurement taking off
- K/650/2298 Level 3 Understanding Roles, Responsibilities, and Effective Partnerships in Health and Social Care
- Understanding Information and Knowledge Management in the Workplace: A Briefing for HR Professionals
- HRM7010D Strategic Use of People Analytics in Enhancing Organisational Value and Agility
- TOWN1060 Urban Planning in the UK History Sustainable Design and Future City Development
- OTHM Level 5: J/650/1143 Research Methods in Health and Social Care
A portfolio manager, Gazoo and Partners Limited, needs to reposition one of its bond portfolios: accounts for bankers Assignment, BU, UK
| University | Bangor University (BU) |
| Subject | accounts for bankers Assignment |
A portfolio manager, Gazoo and Partners Limited, needs to reposition one of its bond portfolios with the introduction of a Toyota Motor Corporation Bond, that offers 2.362% and matures on 25th March 2031, USD (ISIN code: US892331AN94). The portfolio manager considered buying certain tranches over 2023. The coupon is payable half yearly on 30th June and 31st December. On the 1st of March 2023, the company purchased a nominal amount of 50,000 nominal at USD 79.00 CUM DIV.
This was followed by another purchase on the 1st of May 2023 for 30,000 nominal at USD85.00 CUM DIV and a further 20,000 nominal at USD82.00 on the 30th of June EX DIV. On the 1st of November 2023, the portfolio manager, seeing that yields have remained the same in the market, sold 40,000 nominal at 84.00 CUM DIV. Requirement: Prepare the investment account (combined capital and interest account) showing all calculations to the nearest US dollar, for the year ending 31st December 2023 (assuming that it is the end of the year) in the books of Gazoo and Partners Limited using: Average cost method (AVCO).
Buy Answer of This Assessment & Raise Your Grades
Attention UK students! Seeking academic assistance? Look no further! Our team specializes in providing top-notch assignment help for UK students, particularly in Accounting Assignment Help.
Tailored for Bangor University (BU) and the subject of accounts for bankers, our experts assist portfolio managers, like those at Gazoo and Partners Limited, in repositioning bond portfolios effectively. Trust our professionals to support your academic journey, ensuring excellence in your coursework at BU.
Answer
