Nper = 11*2 = 22 (indicates the period over which interest payments are made)
PMT = 1000*10.3%*1/2 = 51.5 (indicates sem-annual interest payments)
PV = 1000*95% = 950 (indicates the current selling price of the bonds)
FV = 1000 (indicates the face value of bonds)
Rate = ? (Indicates YTM)
YTM = Rate(Nper,PMT,PV,FV)*2 = Rate(22,51.5,-950,1000)*2 = 11.098% or 11.10%
Answer is 11.098% or 11.10%.
Answer: The correct option is C .The Ratio Test says that the series converges conditionally.
Step-by-step explanation:
Ratio test is used for testing convergence or divergence in series.
Iet consider a positive series
Summation a subscript n. £an
Let £an > 0.
Consider
Lim as n tends to infinity, 'a' subscript n+1 divided by 'a' subscript n = L
If L < 1 the series converges
If L >1 the series diverges
If L= 1 No conclusion.
The correct option is C because the series converges conditionally if L <1
Answer: I really dont know sorry
Step-by-step explanation:
Answer:
width 9'' length 9''
Step-by-step explanation:
2 " is cut off from both sides
so the base of the box will be a square
area * height = volume of box
side = x
height =2
2x^2=162
x^2=81
x=9 inches the side of the box
Volume =162
V=area*height V= 81*2= 162
Answer:
Step-by-step explanation:
<u>Given:</u>
<u />
⇒ Slope-Intercept Form: y = mx + b
<u>where:</u>
- m is the slope
- b is the y-intercept (when x = 0)
Substitute the given values:
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