Answer:
16/4
Step-by-step explanation:
<u>Step 1: Convert to improper fractions</u>
2 2/4 = 2 * 4/4 + 2/4 = 8/4 + 2/4 = 10/4
1 1/2 = 1 * 2/2 + 1/2 = 2/2 + 1/2 = 3/2
<u>Step 2: Make common denominator</u>
10/4 is ok
3/2 * 2/2 = 6/4
<u>Step 3: Combine </u>
10/4 + 6/4
16/4
Answer: 16/4
D and b maybe... (I’m not super sure though)
f(x) = 3x - 1
Step-by-step explanation:

Answer:
Current yield = 5.46%
Step-by-step explanation:
Current yield is calculated by dividing the annual income (coupon) on the bond divided by the current price of the bond
Current yield = Annual coupon / Current price
In this case,
Face value or Par value = $7,600
Price of the bond = $7,373 (shows it is a discount bond since the price < FV)
Coupon rate = 5.30%
Next, calculate the Coupon payment in dollars;
Annual coupon PMT = Coupon rate * Face value
Annual coupon PMT = 0.053 * 7,600 = $402.8
Therefore, Current Yield = 402.8 / 7,373 = 0.05463
Current yield = 5.46%