Three years ago, Tristan bought a 30-year, 5.45%, $1,000 bond. The bond pays interest semiannually. He wants to sell the bond af
ter receiving the sixth semiannual dividend.
a.) Similar bonds are being issued that pay 4%. What is Tristan’s bond worth today? (Round your answer to the nearest cent.)
b.) Similar bonds are being issued that pay 6%. What is Tristan’s bond worth today? (Round your answer to the nearest cent.)
a.) Similar bonds are being issued that pay 4%. What is Tristan’s bond worth today? (Round your answer to the nearest cent.)
b.) Similar bonds are being issued that pay 6%. What is Tristan’s bond worth today? (Round your answer to the nearest cent.)
1 answer:
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Answer:
hello the data is missing but it is included in the explanation below
missing data = 9, 6, 2, 1, 2, 5, 5, 1, 2, 6, 8, 10, 6, 6, 1, 5, 1, 3, 4, 4, 4, 5, 10, 9, 1, 6
Answer :
A) range = 9 , variance = 8.3015, standard deviation = 2.8812
B) The results cannot be a representative of the variation of attractiveness among the population of adult males
Step-by-step explanation:
A ) calculate the Range, variance and standard deviation
The given data = 9, 6, 2, 1, 2, 5, 5, 1, 2, 6, 8, 10, 6, 6, 1, 5, 1, 3, 4, 4, 4, 5, 10, 9, 1, 6
i) Range = difference between largest and smallest values
= 10 -1 = 9
ii) variance = summation of ; (xi − x)^2/n-1
= 207.5385/26−1 ≈ 8.3015
iii) standard deviation =
= = 2.8812
B) The results cannot be a representative of the variation of attractiveness among the population of adult males