What is the quotient? X+5/3x^2 + 4x+5
1 answer:
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<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
=
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
the equation of a line perpendicular to and passes through the point (-6,8) is
Step-by-step explanation:
We need to write equation of line perpendicular to and passes through the point (-6,8)
Since the line is in slope-inetercept form
the slope of line m = 0.25
As, the new line is perpendicular to the given line so, slopes of lines that are perpendicular are: slope = -1/slope1
So, slope will be -1/0.25 = -4
Now, finding y-intercept.
So, value of y-intercept b = 30
Now the equation of the required line having slope m= -4 and b =30 will be:
So, the equation of a line perpendicular to and passes through the point (-6,8) is
Keywords: Equation of line, slope-intercept form
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