What’s the question though lol
The expression can be simplified as:
b-8
Hi there
Annual yield=annual interest÷bond cost
Annual interest=1,000×0.06=60
Bond cost=1,000×0.805=805
So
Annual yield=60÷805=0.0745×100
=7.45%
Good luck!
Answer:
Always
Step-by-step explanation:
8 - 9 = -1
1/3 - 1/6 = 1/6 are 2 examples