Compute the price of a 3.8 percent coupon bond with 18 years left to maturity and a market interest rate of 7 percent
1 answer:
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Answer:
We conclude that the area of the right triangle is:
Hence, option A is correct.
Step-by-step explanation:
From the given right-angled triangle,
- Base = p+1
- Perpendicular = 2p-6
Using the formula to determine the area of the right-angled triangle
Area of the right triangle A = 1/2 × Base × Perpendicular
Factor 2p-6: 2(p-3)
Divide the number: 2/2 = 1
Therefore, we conclude that the area of the right triangle is:
Hence, option A is correct.
