For a $1000 face value purchased at a discount price of $925, if it pays 6% fixed interest for the duration of the bond is the yield on a corporate bond mathematically given as
Yield = 6.5%
What is the yield on a corporate bond?
Generally, the equation for the interest paid is mathematically given as
Interest paid = value of bond x Interest rate
Interest paid = 1000 * 6%
Interest paid = 60
Therefore
Yield = Interest paid / Price paid
Yield = (60 / 925)x 100
Yield = 6.5%
In conclusion, the yield on a corporate bond is
Yield = 6.5%
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brainly.com/question/2236179
<span>12X = -36
Divide 12 on both sides
Final Answer: X=-3</span>
Answer:
y = x - 2
x = 17 - 4y
x = 17 - 4(x -2)
x = 17 - 4x + 8
5x = 17 + 8
5x = 25
x = 5
y = 5 - 2
y = 3
(5, 3)
Step-by-step explanation:
