Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
7+x is the awnser
unless you meant to type “A number is more than 7” then it would be x>7
Answer:
x=96°
y=96°
Step-by-step explanation:
y=84° because of vertical angles. the measure of all 4 angles added together is 360°, so we add the 84° and the other 84° angle, and subtract them from 360° to get the sum of the other two angles
360°-(84°+84°)=192°
divide 192° by 2 to get the measure of one angle
therefore, x=96°
Well add them all up. : 10+15+8+7=40. There are 8 white balls out of 40. 8/40. Find the GCF of them both and simplify them.
8=8 so 8/8 = 1
40=8 so 40/8 = 5 so 1/5 is your answer.
B. is your answer.
Hoped I helped!
