Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
The third option is correct
The answer to c is 0 and the answer to d is undefined
Answer:
wheres the diagram..?
Step-by-step explanation:
..i think you forgot the diagram lol
4 (k-6)-(3k+2)=-5
4k-24-3k-2=-5
k-26=-5
k=21
