Answer:
C) 9.86%
Step-by-step explanation:
Given that:
Par value of the bond = $1000
Coupon rate = 5.25%
Years of maturity = 9
years to call = 3
price to call = 115% * 1000 = 1150
YTM of the bond = 0.0532
Using Excel formula:
The current price of the bond = P-V(0.0532/2, 9*2, 0.0525*1000/2, 1000)
= $995.04
The yield to call = 2 * RATE( 3*2, 0.0525*1000/2, 995.04, 1150)
The yield to calll = 9.86%
23 if you take 100 divided by four you have 25 and then minus two
Answer:
help
Step-by-step explanation:
Answer: x=5 6 ( 5 - 2 ) = -18 6 ( -3 ) = -18
I'm afraid your equation is not correctly set up. You need to identify the longest side of this right triangle; it is x. This is the "hypotenuse." Next, identify the lengths of the legs: they are sqrt(13) and 2sqrt(2).
Here's a refresher on the Pythagorean Theorem:
(hypotenuse)^2 = (leg 1)^2 + (leg 2)^2
Applying this Theorem here, [x]^2 = [2sqrt(2)]^2 + [sqrt(13)\^2
Solve this for x^2, and then take the positive root (only) of your result.
