Total = principal * (1 + rate/n)^n*years
where "n" is the number of compounding periods per year
Total = 10,000 * (1 + .044/4)^4*2
Total = 10,000 * (1<span>.011</span>)^8
<span><span>Total = 10,000 * 1.0914635699
</span>
</span><span><span>Total = </span>
10,914.64
</span>
Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
Answer:
<em>The probability that the second ball is red is 71%</em>
Step-by-step explanation:
<u>Probabilities</u>
We know there are 5 red balls and 2 green balls. Let's analyze what can happen when two balls are drawn in sequence (no reposition).
The first ball can be red (R) or green (G). The probability that it's red is computed by
The probability is's green is computed by
If we have drawn a red ball, there are only 4 of them out of 6 in the urn, so the probability to draw a second red ball is
If we have drawn a green ball, there are still 5 red balls out of 6 in the urn, so the probability to draw a red ball now is
The total probability of the second ball being red is
The probability that the second ball is red is 71%
Answer:
(х-4)(х-6)
Step-by-step explanation:
х¹= 4
х²=6
easy
No, You only reverse the inequality symbol when you divide by a negative number.
