Yield is given by:
current yield=(annual cash flow)/(market price)
annual cashflow(coupon)= 2.9/100×4750=137.75
market price of the bond= $3940
thus the yield will be given by:
137.75/3940
=0.03496
Answer:(-1.333, -.667)
Step-by-step explanation:
Graph shown below
20. Let me know if you want a step by step.
Answer:
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Step-by-step explanation:
(4,3) should be the coordinates for point V