Jasmine is a receptionist at doctors office. She books 36 appointments each day. Four out of every 24 appointments are canceled.
1 answer:
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Answer:
5.8%
Step-by-step explanation:
Current yield = 6.1%
Face value of bond = $500
Market price of bond = $475
Let the original coupon rate be CR
Multiply both sides by 475
Cancel out the 475's from the top and bottom of the right side
Flip the sides
Divide both sides by 5000
Cancel out 50000 from the top and bottom of the left side
%
CR = 0.0579 * 100 [convert decimal into a percentage]
CR = 5.79 %
CR = 5.8% [rounded off to the tenth place]
Answer:
Step-by-step explanation:
Mixed number Improper fraction
a) 1 + 1 + 1/3 = 7/3
b) 1 + 1 + 1 + 5/8 = 29/8
c) 1 + 1 + 1 +2/4 = 14/4