Answer:
a. $849.45
Step-by-step explanation:
In the above question, we are given the following information
Coupon rate = 10%
Face value = 1000
Maturity = n = 20 years
t = number of periods = compounded semi annually = 2
Percent yield = 12% = 0.12
Bond Value formula =
C/t × ([1 -( 1/ 1 + r/t)-^nt ÷] r/t) +( F/ (1 + r/t)^nt)
C = coupon rate × face value = 10% × 1000 = 100
Bond value:
= 100/2 × ( [1 - (1 /1 + 0.12/2)^-20×2]÷ 0.12/2)+ (1000/( 1 + 0.12/2)^20×2
= 50 × ( [1 - (1 /1 + 0.06) ^40] ÷ 0.06) + ( 1000/ (1 + 0.06) ^40
= 50 × ( [1 - (1/ (1.06) ^40] ÷ 0.06 ) + (1000/(1.06)^40)
= 50 × 15.046296872 + 97.222187709
= $849.45
Bond value = $849.45
Answer:
<u>$10.75</u>
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Step-by-step explanation:
Answer:
an activity or purpose natural to or intended for a person or thing.
Step-by-step explanation:
: >
Answer:

Step-by-step explanation:

Answer:
given us,
slope= 0
(x1y1)= (3,-3)
here
(y-y1) =m(x-x1)
or, (y+3)=0(x-3)
or (y+3)= x-3
or, x+y= -3-3
x+y= -6
Step-by-step explanation:
x+y= -6