Answer:
Step-by-step explanation:
Yes, it's reasonable.
What you are doing is solving the question by rounding. You come up with an answer. Suppose you loose the decimal somewhere and you get 0.36? Is that reasonable? Do you just write the answer in the provided blank and move on. What now?
You get it wrong?!!
But your estimate should be about 9/3 = 3. Now you look at your calculator with great misgivings, because it made a mistake. Did it or did you? Well ultimately you did, but you have to blame something. So the calculator takes the heat.
Who knows? Maybe the decimal doesn't work. It's stuck or something. In any event you should be aware that there's no way the answer could be 0.36 when you estimate it to be 3.
Answer:
Step-by-step explanation:
the value of the cookies can be 1.20
Answer:
The yield is 5.974%
Step-by-step explanation:
We proceed as follows ;
coupon rate = Annual coupon payment/bond face value.
The face value is the original amount which the bond was bought and that is $515 according to the question. While the coupon rate is 5.8%
mathematically, annual coupon payment = coupon rate * bond face value = 0.058 * 515 = $29.87
mathematically;
current yield = Annual coupon payment/bond price
current yield = 29.87/500
= 0.05974 or simply 5.974%
so the answer is c. 5.6%
Step-by-step explanation:
Answer: -13.85
Step-by-step explanation:
Simplify.
4.6−7.28−11.17
=−13.85
Answer:
B because the rates are steady
Step-by-step explanation:
