It would be 3 becuse 11/4 * 3 is 8.25 and is the highist to 9 so the answer would be 3
Answer:
current market price of the bond is $958.73
Step-by-step explanation:
given data
coupon rate = 5.74 percent
yield to maturity = 6.1 percent
bond matures = 20 years
future value = $1,000
solution
we get here PMT that is
PMT = 1,000 × 5.74% ÷ 2 ...............1
PMT = $28.70
and Number of Periods is
NPER = 20 years × 2 = 40 semi-annual periods
and here Rate of interest will be = 6.1% ÷ 2 = 3.05%
and we use here formula that is
= -PV(Rate;NPER;PMT;FV;type)
so we get
current market price of the bond is $958.73
Answer is D.
Use that as the best solution for your question. It is tested and works better.
Answer:
2(x+5)
Step-by-step explanation:
If i understand the question.
you are estimating up each number.
so it would be 2/3 going into 1 and 26 going into 30
both turning into whole numbers.
