What is the price of $100 face value of a ten-year, zero-coupon, risk-free bond with an ytm of 5%? $58.82
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The average rate of change is the slope of the secant line connecting the points on f(x) from x=-5 to x=10.
In other words, it is just the slope of the straight line connecting the points
So we were given ,
At
Also at
The average rate of change
In other words, it is just the slope of the straight line connecting the points
So we were given ,
At
Also at
The average rate of change