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lions [1.4K]
3 years ago
6

The main reason for the high cost of american political campaigns is the cost of

Business
1 answer:
Zarrin [17]3 years ago
5 0
The high costs are because of paying for media adds
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Grand Adventure Properties offers a 9.4 percent coupon bond with annual payments. The yield to maturity is 11.2 percent and the
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Answer:

$889.28  

Explanation:

The price of the bond can be computed using the below formula for bond price calculation:

bond price=face value/(1+r)^n+coupon*(1-(1+r)^-n)/r

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coupon=face value*coupon rate=1000*9.4%=94

n is the number of coupons the bond would pay which is 11 coupons over 11 years

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