Answer:
Bond Price= $108,175.71
Step-by-step explanation:
Giving the following information:
Face value= $100,000
Coupon rate= 0.05/2= 0.025
YTM= 0.04/2= 0.02
Time period= 10*2= 20 semesters
<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= 2,500*{[1 - (1.02^-20)] / 0.02} + [100,000/(1.02^20)]
Bond Price= 40,878.58 + 67,297.13
Bond Price= $108,175.71
Let Alex's age is x and June's age is y y - x = 7 .........(1)
(x+5) + (y+5) =31
x + y = 21 .........(2)
by adding 1 and 2
2y = 28
y = 14
x = 7
Start off by stating your facts. You have a maximum of $8.75. We know that each quarter is 25 cents so we multiply 25x26 equaling 650. Yet we need a decimal so it would be $6.50. Each nickel is worth 5 cents so then you would minus $8.75 and $6.50 getting us to $2.25. Now divide it by 5 cents and you should get 45 nickels. You can also do this by stating that 10 nickels is 50 cents and go until you get 45
Answer:
3
Step-by-step explanation:
hope thkixd hel-s
From the graph, the point at which the function of the graph have relative minimum is
