The last answer choice is the answer.
Years to maturity =n= 7
Coupon rate = C = 9%
Frequency of payment =m= 2
Semiannual coupon = $1,000 × (0.09/2) = $45.00
Current market rate =i= 10%
Present value of bond = Pv
<span>The correct answer is: Yes, the bond is worth more at $951</span>
Answer:
Professor James is conducting a systematic review.
Explanation:
A systematic review is an evaluative assessment of all prior studies that were conducted to evaluate an issue. In a systematic review, a researcher locates, compiles and evaluates the literaturature pertaining a specific topic using key criteria. This review which normally includes a summary of the fidings of the studies collected can also incorporate a meta-analysis, which is a quantitative data pool.
