The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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Answer: The answer is $4.20
Step-by-step explanation:
2(93+94)=374 . It is the answer it was obtained by trial and error method
40 mins left! total time= 60 mins x 3 hours =180 mins. 180 divided by 9 is 20. 20 times 7 is 140. 180-140 equals 40. yay!
2x^2 - 7x + 5 - (-6x^2 - 4x - 2) =
2x^2 - 7x + 5 + 6x^2 + 4x + 2 =
8x^2 - 3x + 7 <==
