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3 years ago

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Monica has a $1000 bond with a 5.5% coupon. Monica purchased this bond for $1025. What is the yield of this new bond?

2 answers:

sashaice [31]3 years ago

8 0

Answer: the answer is 5.4% APEX

arsen [322]3 years ago

6 0

Answer:

Annual return on the bond is 1000*0.055 = $55 per year

Yield = return/price = 55/1025 ≈ 0.0537 ≈ 5.4%

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Nadusha1986 [10]

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3 years ago

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motikmotik

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3 years ago

Mrs. Gomez paid $780 for a new backyard fence. A new gate cost an additional $225. The fencing was a total of 120 feet. What was

Andrews [41]

I would do it this way

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3 years ago

What is the value of x in the equation below?

belka [17]

$remember$
$ln(a^b)=bln(a)$
$ln(e)=1$
$so$
$ln(e^x)=xln(e)=x$

$1+2e^{x+1}=9$
$minus \space\ 1 \space\ both \space\ sides$
$2e^{x+1}=8$
$divide \space\ both \space\ sides \space\ by \space\ 2$
$e^{x+1}=4$
$take \space\ ln \space\ of \space\ both \space\ sides$
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$(x+1)ln(e)=ln(4)$
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$minus \space\ 1 \space\ from \space\ both \space\ sides$
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5 0

3 years ago

Read 2 more answers

Find the indicated conditional probability

andrezito [222]

Given:

The two way table.

To find:

The conditional probability of P(Drive to school | Senior).

Solution:

The conditional probability is defined as:

$P(A|B)=\dfrac{P(A\cap B)}{P(B)}$

Using this formula, we get

$P(\text{Drive to school }|\text{ Senior})=\dfrac{P(\text{Drive to school and senior})}{P(\text{Senior})}$ ...(i)

From the given two way table, we get

Drive to school and senior = 25

Senior = 25+5+5

= 35

Total = 2+25+3+13+20+2+25+5+5

= 100

Now,

$P(\text{Drive to school and senior})=\dfrac{25}{100}$

$P(\text{Senior})=\dfrac{35}{100}$

Substituting these values in (i), we get

$P(\text{Drive to school }|\text{ Senior})=\dfrac{\dfrac{25}{100}}{\dfrac{35}{100}}$

$P(\text{Drive to school }|\text{ Senior})=\dfrac{25}{35}$

$P(\text{Drive to school }|\text{ Senior})=0.7142857$

$P(\text{Drive to school }|\text{ Senior})\approx 0.71$

Therefore, the required conditional probability is 0.71.

5 0

3 years ago

Read 2 more answers