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Brilliant_brown [7]
2 years ago
9

What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%?

SAT
1 answer:
bija089 [108]2 years ago
7 0

Answer:

Explanation:

While calculating the price of a bond, keep in mind that the price is equal to the present value of all payments received by the bondholder from the issuer. The coupon payments, which can be annual or semi-annual, the yield to maturity, the bond's life, and the face value are all important factors to consider. The bond's price is determined by discounting the face value and coupon rates to their worth at a time (t = 0) and adding them

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A restaurant gives a discount for children under 10. They also give the discount for adults over 55. Which expression evaluates
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The expression that evaluates to true if a discount should be given is:

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<h3>What is the meaning of the expression?</h3>

The symbols above represent less than and greater than respectively. So, the instruction is that children who are less than 10 should be given a discount while those who are greater than 55 should also be given a discount.

So, the symbols as used respectively are less than and greater than. So, the expression provided above is correct.

Learn more about the symbols less than and greater than here:

brainly.com/question/12459071

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