The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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The correct answers are:
(1) If EXACT number is required, then 7.5.
(2) If multiple of 8 is required then the answer will be 7 times with a remainder of 4.
Explanation:
First you need to express it in the form of equation to make things simpler as follows:
8 * y = 60
We need to find y; to do so, divide 60 by 8:
y = 
y = 7.5
Now if you want to find the whole number, then the answer will be 7 times, with 4 left over.
<span>1. What number must multiply each side of the equation 2/5 x=10 to produce the equivalent equation x = 25? 4 5 5/2 1/5 2. Solve. -1/3 x=12 4 –36 –1/4 –4 3.Solve. 3|s| = 18 s = –6 or s = 6 s = 6 only s = –18 or s = 18 s = –6 only 4.Solve. x + 4 – 7x =...</span> show more Best Answer:<span> </span><span>C
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The answer is B because they can’t interest but perpendicular can