Answer:
Price of bond = $1150.72 (Approx.)
Explanation:
Given:
Number of years 12 years
Per value = $1,000
Coupon rate = 10% = 0.1
Market rate = 8% = 0.08
Find:
Price of bond
Computation:
Coupon payment = 1,000 x 10%
Coupon payment = 100
Price of bond = [C/r][1 - 1/(1+r)ⁿ] + Per value/[(1+r)ⁿ]
Price of bond = [100/0.8][1 - 1/(1+0.8)¹²] + 1000/[(1+0.08)¹²]
Price of bond = [100/0.8][1 - 1/(1.8)¹²] + 1000/[(1.08)¹²]
Price of bond = $1150.72 (Approx.)
Answer:
the things i have seen
Explanation:
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Socialism
Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production.
Public Utilities are a vital part of our livelihood and well-being. Four examples of utilities that serve the public are gas, telephone, electric power, and water.
Answer: The correct answer is : Living systems depend on the polarity of water, because since water is polar it has an unevenly distributed charge, this means that water molecules are slightly positive and negative, for this reason water is a good solvent, this characteristic is essential in organisms. For example, sugars and other nutrients are dissolved so that the blood cells can carry it to cells in the body. If sugars weren't dissolved, they couldn't reach cells. Water also attracts or is attracted to other molecules and polar ions, including many biomolecules, such as sugars, nucleic acids and some amino acids.
