Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
17/30
Step-by-step explanation:
Answer: The number is 12
Step-by-step explanation:
n=number
2n-8=16
2n=24
n=12
<span>Evaluating Expressions Using Algebra Calculator
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First go to the Algebra Calculator main page.
Type the following:
<span><span>First type the expression 2x.</span><span>Then type the @ symbol.</span><span>Then type x=3.</span></span><span>Try it now: </span><span>2x @ x=3</span>
