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pishuonlain [190]
1 year ago
13

Uan zhang bought a 10-year bond that pays 8. 25 percent semiannually for $911. 10. what is the yield to maturity on this bond? (

roundyour percentage answer to two decimal places. )
Mathematics
1 answer:
Radda [10]1 year ago
8 0

The yield to maturity on this bond according to the trial-and-error approach is 9.66 percent.

According to the statement

we have given that the Uan zhang bought a 10-year bond that pays 8. 25 percent interest per 6 months.

And we have to find that the yield to maturity on this bond.

So, For this purpose,

The amount given is $911. 10.

Years to maturity = n = 10

Coupon rate = C = 8.25%

Semiannual coupon = $1,000 × (0.0825/2) = $41.25

Yield to maturity = i

Present value of bond = PB = $911.10

Use the trial-and-error approach to solve for YTM. Since the bond is selling at a discount, we know that the yield to maturity is higher than the coupon rate.

Try YTM = 9.4%:

= $522.90 + 391.54 ≅ $914.43

The YTM is approximately 9.66 percent. Using a financial calculator provided an exact YTM of 9.656 percent (2 × 4.828%).

So, The yield to maturity on this bond according to the trial-and-error approach is 9.66 percent.

Learn more about percentage here

brainly.com/question/11360390

#SPJ4

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alexdok [17]

Answer:

Step-by-step explanation:

A linear function is a polynomial function of the first degree that has the form:

f (x) = m*x + b   or  y=m*x + b

where y is the dependent variable, x is the independent variable, m is the slope of the line and b is the intercept with the Y axis.

The slope m measures the inclination of the line with respect to the abscissa axis, that is, the x axis.  According to the value of the slope m, the linear function can be increasing if m> 0, decreasing if m <0 or constant if m = 0.

You know that the number of sea turtle deaths per year is modeled by f(x) = 13.42x + 109.118.   Then the value of the slope is 13.42. In this scenario, the slope indicates that the number of deaths of sea turtles grows in a proportion of 13.42 with respect to the pollution index of the bay.

5 0
3 years ago
Jack read 20 pages of a book in 60 minutes. How many pages can he read in 75 minutes at the same rate? Write a proportional equa
AveGali [126]

Answer:

25 pages

Step-by-step explanation:

Create a proportion:

\frac{pages}{minutes} = \frac{20}{60} = \frac{x}{75}

Cross multiply and solve for x, the number of pages in 75 minutes:

60x = 1500

x = 25

So, he can read 25 pages in 75 minutes at the same rate

6 0
3 years ago
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PLEASE HELP ME WITH THIS QUESTION AND ILL BRAINLIEST YOU
neonofarm [45]

Answer:

c

Step-by-step explanation:

Two sum of any two side lengths of a triangle will always be greater than the length of the remaining side

a doesn't work because 8+12=20 and 20 is not greater than 20

b doesn't work because 4+5=9 and 9<10

d doesn't work because 6+6=12 and 12 is not greater than 12

c is the only option where you can take any two sides, add them, and the sum will be greater than the remaining side.

For example, for c,

6+8=14, and 14>10

8+10=18, and 18>6

10+6=16, and 16>8

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3 years ago
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Can anyone please help!!!
quester [9]

Answer:

Question 9

(a) The distance, Jalaj walks in one day is 4.4 km

(b) The amount Jalaj raises after walking for 22 km at the end of the 5 days is $8

Question 10

(b) The difference between the largest and smallest areas is 2,400 m²

Step-by-step explanation:

Question 9

(a) The distance Jalaj walks in 5 days = 22 km

Whereby Jalaj walks equal distance every day, we have;

The distance, Jalaj walks in one day = 22 km/5 days = 4.4 km/day

The distance, Jalaj walks in one day = 4.4 km

(b) The amount he raises for every kilometer he walks = $1.60

The amount he raises after walking for 22 km at the end of the 5 days = 5 × $1.60  = $8

Question 10

(b) The given side length of the square = 120 meters to the nearest 10 meters

Therefore;

The maximum dimension for the side length of the square = 120 + 10/2 = 125

The largest possible area of the square, A_l = 125 m × 125 m = 15,625 m²

The minimum dimension for the side length of the square = 120 m - 10 m/2 = 115 m

The smallest possible area of the square, A_s = 115 m × 115 m = 13,225 m².

The difference between the largest and smallest areas, A_l - A_s = 15,625 - 13,225 = 2,400 m².

8 0
3 years ago
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shusha [124]
D of 1/4 = F
    OR
D x 1/4= F
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