Two bonds A and B have the same credit rating, the same par value and the same coupon rate. Bond A has 30 years to maturity and bond B has 5 years to
maturity.
– Discuss which bond will trade at a higher price in the market
– Discuss what happens to the market price of each bond if the interest rates in the economy go up.
– Which bond would have a higher percentage price change if interest rates go up?
– Try to substantiate your argument with a numerical example.
As a bond investor, if you expect slowdown in the economy over the next 12 months, what would be your investment strategy?
Provide your explanations and definitions in detail and be precise. Comment on your findings. Provide references for content when necessary. Provide your work
in detail and explain in your own words. Support your statements with two peer-reviewed in-text citation(s) and reference(s).
In the wake of utilizing the tram headings that Ellington gave him, Strayhorn expressed, “Take the A Train.” He made it in his mind at a gathering, and afterward put it all in writing when he was finished. When Strayhorn played the melody for Ellington after a show in Newark, the two started an organization that would last the remainder of their lives. The two variants of this tune I will look at is Duke Ellington and his Orchestra, and Ella Fitzgerald.
The mark tune of the Duke Ellington Orchestra was recorded in 1941. The tune denoted the start of a decades-in length organization among Ellington and a modest youthful musician named Billy Strayhorn. The tune starts with a piano player presentation. This specific chronicle was of Ellington and his ensemble. Being that Ellington is performing with a major band the instrumentation needs to mix together superbly. For instance, the trumpet can’t overwhelm the saxophone and tight clamp versa. Right now, saxophone segment is given the tune, while the metal segment has the concordance. In the main performance, the trumpeter utilizes a quiet to change the sound of the instrument. This gives the trumpet a one of a kind and innovative sound. The drummer keeps a consistent rhythm, utilizing quarter notes for the high caps.
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Ella Fitzgerald is one of the most celebrated female jazz vocalist in the United States. She increased extraordinary achievement during the 1950s and ’60s, in any event, gaining the title of “First Lady of Song”. Fitzgerald utilized her abilities and acknowledgment to record the most well known adaptation of “Take the A Train” in 1957. In Ella Fitzgerald’s “She played out the tune various occasions during her long relationship with Ellington and it additionally shows up on her 1957 collection Ella Fitzgerald Sings the Duke Ellington Songbook.
Like Ellington, Ella Fitzgerald starts the tune with a similar piano tune. She at that point changes into her well known “scat” style singing. Right now, than having a specific instrument play the song, Ella sings it. The tune has an inspiring and cheerful beat, with the high caps are played with half notes, and the saxophone is the backup to Ella Fitzgerald who sings the song. The peppy rhythm is pushed by the bassline who plays quarter notes. Fitzgerald at long last finishes the tune off by including her mark scat sound. It makes the music true and separates it from different variants.
The two chronicles start with a similar presentation, played utilizing pianos. In Ella Fitzgerald’s account, she is playing with a major band anyway the large band is going with her singing. In Duke Ellington’s chronicle, the song is played by the saxophone segment as opposed to having vocals. I lean toward Ellington’s form since I delighted in the manner the various segments mixed together. The two tunes were splendid and lively, notwithstanding, I appreciated how in Ellington’s form the utilization of instrumentation was solid
The second melody I chose to think about was One 0 clock bounce which was formed by Count Basie in 1937. Basie worked together with saxophonist Buster Smith and arranger Eddie Durham. “One 0’Clock Jump” is an arrangement dependent on a 12-bar blues movement.
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The first 1937 chronicle of the tune included performers, for example, saxophonists Evans and Lester Young, trumpeter Buck Clayton, bassist Walter Page, and Basie himself on piano. The first title of the melody was “Blue Balls”, which was viewed as improper for radio. Tally Basie supposedly took a gander at the clock and reacted with “One 0 Clock Jump.” The two renditions of “One 0 Clock Jump” I will think about is Basie and his band, just as Benny Goodman and his band.
One 0 Clock Jump was played by the Count Basie symphony with One 0 Clock Jump being their signature tune. In Basie’s variant, he starts with a quick paced piano acquaintance It at that point advances with a more slow paced cadence with the saxophone area playing the song. The drummer keeps the rhythm by playing half note rimshots on the catch. Right now utilizes One 0 Clock Jump to end a show. The tune has high power with the instruments playing in fortissimo. After Basie’s rap up the exhibition, the symphony rehashes the continuous tune. In the end, the tune move and the tunes end with a saxophonist playing three low notes into the whole ensemble playing a harmony.
The Count Basie Orchestra got one of the most well known groups of the swing period, with Basie getting known as the “Bounce King of Swing.” truth be told, Basie’s ubiquity was to such an extent that it equaled that of bandleader and clarinetist Benny Goodman. The Benny Goodman Orchestra reacted by recording their own form of the melody in 1938, which turned into a hit for them and that gathering’s initial million-selling record.