The first raise was a 25% increase, while the second raise was a 32% increase so there was a 7% increase from the first raise to the second one.
Answer:
a. $849.45
Step-by-step explanation:
In the above question, we are given the following information
Coupon rate = 10%
Face value = 1000
Maturity = n = 20 years
t = number of periods = compounded semi annually = 2
Percent yield = 12% = 0.12
Bond Value formula =
C/t × ([1 -( 1/ 1 + r/t)-^nt ÷] r/t) +( F/ (1 + r/t)^nt)
C = coupon rate × face value = 10% × 1000 = 100
Bond value:
= 100/2 × ( [1 - (1 /1 + 0.12/2)^-20×2]÷ 0.12/2)+ (1000/( 1 + 0.12/2)^20×2
= 50 × ( [1 - (1 /1 + 0.06) ^40] ÷ 0.06) + ( 1000/ (1 + 0.06) ^40
= 50 × ( [1 - (1/ (1.06) ^40] ÷ 0.06 ) + (1000/(1.06)^40)
= 50 × 15.046296872 + 97.222187709
= $849.45
Bond value = $849.45
Answer:
i dont have a premium
Step-by-step explanation:
Answer:
base = 5.6 cm
Step-by-step explanation:
area of a triangle = 1/2 * base * height
area = 5.88 cm²
height = 2.1 cm
5.88 = 1/2 * base * 2.1
5.88 = 1.05 base
5.88 / 1.05 = base
base = 5.6 cm
X intercepts are -3 and 5
