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Svetlanka [38]
3 years ago
12

The relationship between quantity supplied and price is _____, and the relationship between quantity demanded and price is _____

.
1. direct; inverse
2. inverse; direct
3. inverse; inverse
4. direct; direct
Business
1 answer:
kirill115 [55]3 years ago
7 0

Answer:

the correct answers are

1 direct

2 inverse

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Explanation:

The yield to maturity can be determined using the rate formula in excel as shown below:

=rate(nper,pmt,-pv,fv)

nper is number of times coupon interest would be paid,which is 12 years multiplied by 2(semi-annual interest payment) i.e 24

pmt is the semi-annual interest which is $1000*8%/2=$40

pv is the current price of the bond at $876.40

fv is the face value of the bond which is $1000

=rate(24,40,-876.40,1000)=4.89%

Semi-annual yield is 4.89%

Annual yield is 4.89%*2=9.78%

The yield to maturity on these bonds is approximately 9.78%

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