Answer:
see below
Step-by-step explanation:
Each point moves to half its previous distance from P. It is probably easier to count grid squares on the graph than it is to do the math on the coordinates.
If you're doing the math on the coordinates, it is convenient to use P = (0, 0), then multiply each of the coordinates of A, B, and C by 1/2. For example:
A' = (1/2)A = (1/2)(8, 4) = (4, 2)
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
