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Katyanochek1 [597]
3 years ago
8

Compute the price of a 3.8 percent coupon bond with 18 years left to maturity and a market interest rate of 7 percent

Mathematics
1 answer:
andrey2020 [161]3 years ago
8 0

Answer:

The price is $68.47

Step-by-step explanation:

Let's assume coupon is redeemable at$100

Number of payments= 36

Each payment is3.8/2=1.9%

Nominal rate is

[1+(i^2/2)]^2= 1 + 0.07

(i^2/2)=0.0344

i^2=0.0688

Price of coupon is

P= 1.9 [1 +(1+i^2/2)^-36]/(i^2/2)+100(1+0.07)^-18

P= $68.47

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2/4 + 3/9 in Modeling Fractions?
horrorfan [7]

Answer: 13/12

Step-by-step explanation:

Reduce the fraction 3/9 to the lowest terms by extracting and canceling out 3.

The least common multiple of 4 and 3 is 12. Convert 3/4 and 1/3 to fractions with denominator 12.

Since 9/12 and 4/12 have the same denominator, add them by adding their numerators.

Add 9 and 4 to get 13.

5 0
3 years ago
Guided Practice
marysya [2.9K]
It’s d because 12-15%=10.20
7 0
3 years ago
Solve for x<br> type your answer as x = (#)<br> ASAP
Nataliya [291]

Answer:

One step Equations:

1. x=4

2. x=18

3. x=3

4. ×=50

Two Step Equations:

1. x= 7

2. x= -4

3. x= 24

Variations on Both Sides:

(I'm not sure if these are right but the answers above are for sure correct)

1. x= 4.5

2. x= -2

3 0
3 years ago
Read 2 more answers
Give a decimal number that is less than 23.7 and greater than 23.7
Makovka662 [10]
I think you are asking for two numbers, so you just have to look at the decimals.

23.7

We can use an infinite amount of numbers here, but to make it simple you can just take away 0.01 or add 0.01.

23.69
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3 0
3 years ago
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Don’t understand could I get some help pls :)
Lemur [1.5K]

\mathfrak{\huge{\orange{\underline{\underline{AnSwEr:-}}}}}

Actually Welcome to the concept of Parallel lines.

We must first understand that, Parallel Lines always have a same Slope, hence the 'm' value in y=mx+c equation will same, here it is '1/2' in the above equation,

so the points here are (-6,-17)

==>

(y-(-17)) = m(x-(-6))

==>

here m = 1/2 ,hence

y+17 = 1/2(x+6)

==> y+17 = 1/2(x) + 3

==> y = 1/2(x) + 3 - 17

==> y = 1/2(x) - 14

hence the Option 4.) is the correct answer!!

5 0
3 years ago
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