Answer:
YTM is 6.90%
Explanation:
The yield to maturity on the bond can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of 20 years multiplied by 2 since the bond is paying interest on semi-annual basis
pmt is the semi-annual interest receivable by investor which 6.8%/2*$1000=$34
pv is the current market price of $989.45
fv is the face value of $1000
=rate(40,34,-989.45,1000)
rate=3.45%
The 3,45% is the semi-annual YTM, whereas the annual YTM 3.45%
*2=6.90%
plastic wraps, food bags ,and airtight containers are the best choice for storing food in your refrigerator.
Explanation:
leaving stored food in the fridge without it being covered may result in it growing mold or drying out.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
I would say it would deal with one's humanity to man to decide who to rescue with only three seats to fill in other words, the best choice would be to rescue the elderly and/or women with babies or small children, or the sick to help those most in need.