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mote1985 [20]
4 years ago
11

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

Mathematics
2 answers:
sashaice [31]4 years ago
8 0

Answer: the answer is 5.4% APEX

arsen [322]4 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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Answer:

Therefore

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Step-by-step explanation:

Complex Number :

A complex number is a number that can be expressed in the form

a + bi

where a and b are real numbers, and

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The value of i is given as

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Squaring both the side we get

i^{2}=(\sqrt{-1})^{2}\\\therefore i^{2}=-1

Therefore on substituting we get

For i^110

i^{110}=(i^{2})^{55}=(-1)^{55}=-1

Similarly for i^92

i^{92}=(i^{2})^{46}=(-1)^{46}=1

Similarly for i^245

i^{245}=(i^{2})^{122}\times i=(-1)^{122}\times i=1\times i =i

Similarly for i^347

i^{347}=(i^{2})^{173}\times i=(-1)^{173}\times i=-1\times i =-i

Therefore

i^{110}=-1

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i^{245}=i

i^{347}=-i

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