Answer:4
Step-by-step explanation:
A zero-coupon bond doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.
To figure the price you should pay for a zero-coupon bond, you'll follow these steps:
Divide your required rate of return by 100 to convert it to a decimal.
Add 1 to the required rate of return as a decimal.
Raise the result to the power of the number of years until the bond matures.
Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.
First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.
Eddie is correct about his prediction. A coin has two sides, one head, one tail, so there is a 50% chance that it will land heads every time Eddie flips the coin. I would tell Eddie that his prediction is reasonable and mathematically correct.
<h3>
Answer:</h3>
C (see attached)
<h3>
Step-by-step explanation:</h3>
The linear portion of the graph is defined for x ≥ 1, with the point x=1 included. Only selections A and C do that.
The quadratic portion of the graph is defined for x < 1. Only selection C does that. (Selection A is doubly-defined for x > 1, so is not a function. It is undefined for x < 1.)
Answer:
13.66
Step-by-step explanation:
In the picture above
