Answer:
are you Philippines ty points
Answer:1
Step-by-step explanation:
Answer:
the question is not clear
Answer:
the price of the security will be $448.485
Step-by-step explanation:
Annual rate of interest = 3.3%
then Interest rate per quarter (r) will be = 0.033/4
= 0.00825
= 0.825%
now it is given that
Cash flows in the first quarter, C1 = $3.70
Then Present value of perpetuity = C1 /r
= $3.70/ 0.825%
= $448.485
Therefore, the price of the security will be $448.485
The domain- Is the function provides an "output" or value for each member of the domain
Range- The difference between the lowest and highest values.
