Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
Standard form of 2.3476 E12 is 2347600000000
Answer:
the value in the rational expression below that is undefined is -4
<h2>(1)</h2><h2> =(a+b)(3c-d)</h2><h2> =a(3c-d)+b(3c-d)</h2><h2> =3ac-ad+3bc-bd</h2>
<h2>(2)</h2><h2> =(a-b)(c+2d)</h2><h2> =a(c+2d)-b(c+2d)</h2><h2> =ac+2ad-bc-2bd</h2>
<h2>(3)</h2><h2> =(a-b)(c-2d)</h2><h2> =a(c-2d)-b(c-2d)</h2><h2> =ac-2ad-bc+2bd</h2>
<h2>(4)</h2><h2> =(2a+b)(c-3d)</h2><h2> =2a(c-3d)+b(c-3d)</h2><h2> =2ac-6ad+bc-3bd</h2>