A $1,000.00 bond at 85 1/4 % pays 6.8 % annual interest. Calculate cost of bond.
1 answer:
Based on the par value of the bond and the percentage it was issued at, the cost of the bond is $852.50.
<h3>What is the cost of the bond?</h3>
The current cost of the bond is the present value of the bond's cashflows and its par value.
This is taken into account when the bond is issued at a certain percentage which in this case is 85 ¹/₄%.
The cost of the bond is:
= 1,000 x 85 ¹/₄%
= $852.50
Find out more on the cost of bonds at brainly.com/question/15567868.
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Answer:
w(-15-w)= 0
w= 0 or (-15-w) = 0
Now,
-15-w =0
w= -15
So,The solution of w(-15-w) = 0
w= 0, -15
Answer:
-2.6, -1.7, -0.81, 0.24, 1.89
Step-by-step explanation:
the answer is 5 bebe. remember to use pemdas
p-parenthesis
e-exponents
m-multiplication
d-division
a-addition
s-subtraction
