Answer:
5/8
Step-by-step explanation:
5/8 has the greatest value
<span>95=6x-5(-x-8)
Distribute the -5
95 = 6x + 5x + 40
Subtract 40 from both sides and combine like terms
55 = 11x
Divide both sides by 11
x=5</span>
Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
Multiply the $0.95 by .06 or if you have a percentage button then do $0.95 by 60% and you’ll get your answer of 0.57
Answer:
28j+21
Step-by-step explanation:
remember to isolate the variable. in this case it would be j. after you do that it should be pretty simple
