Answer:
A. 3
Step-by-step explanation:
Answer:
c
Step-by-step explanation:
107 x 3.778 x 125/100 = 4.735 x 1-7
95% = 95/100
95/100 of 76/1. (Always remember that every whole number is over 1)
So now we have 95/100 of 76/1
We can't solve with "of"
So we'll have to change it to "times(x)".....when we do that, it would cause 76/1 to reciprocate to 1/76
So now we have this: 95/100 x 1/76
When we solve it this is what we'll get: 19/20 x 1/76 = 19/1520 = 1/80
Given:
A bond with an annual coupon rate of 4.8%, bond value is $970. The bond's current yield can be calculated using this formula:
i = F<em>i</em><em>b
</em><em>
</em>where i = bond <em />yield<em>
</em>F = $970
<em>ib </em>= 4.8%
i = 970*(0.048)
i = $46.56
The answer is C. (2, -8)
I hope this helps!!!
