One property of a rhombus is that the diagonals are perpendicular. This means that the diagonals intersect at 90 degree angles (right angles).
So we know that angle JNK is 90 degrees
angle JNK = 90 degrees
5x - 15 = 90
5x - 15 + 15 = 90+15
5x = 105
5x/5 = 105/5
x = 21
Answer: x = 21
Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
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on a horizontal number line . numbers to the left are less than numbers to the right .. numbers to the right are less than numbers to the left
