Answer:
5.8%
Step-by-step explanation:
Current yield = 6.1%
Face value of bond = $500
Market price of bond = $475
Let the original coupon rate be CR


Multiply both sides by 475

Cancel out the 475's from the top and bottom of the right side


Flip the sides

Divide both sides by 5000

Cancel out 50000 from the top and bottom of the left side
%
CR = 0.0579 * 100 [convert decimal into a percentage]
CR = 5.79 %
CR = 5.8% [rounded off to the tenth place]
Answer:
I need a little bit more detail in the question to answer.
Step-by-step explanation:
16, if there’s no space left and each book is 1 inch wide any number times one is itself, 16(books)x1(inches)=16
Long division here. Divide h^2+3h-10 by h-2 to get h+5. That means when you multiply h-2 by h+5, you get what you started with, h^2+3h-10