Answer:
The yield of this new bond is approx 3.8%.
Step-by-step explanation:
Given : Claribel has a $500 bond with a 4% coupon. Claribel purchased this bond for $525.
To find : What is the yield of this new bond?
Solution :
As coupon is 4
%
, a $
500 bond earns is given by,
A $
500 bond earns $
20 in a year.
Now as market price of bond is $
525
, but it earns $
20
The rate of interest earned is
Therefore, the yield of this new bond is approx 3.8%.
Answer:
551.7
Step-by-step
323 divided by 28.6 is rounded up to be 9 cents an hour. Then multiply 613 x 0.9.
Step-by-step explanation:
How to find the sides of a right triangle
if leg a is the missing side, then transform the equation to the form when a is on one side, and take a square root: a = √(c² - b²)
if leg b is unknown, then. b = √(c² - a²)
for hypotenuse c missing, the formula is. c = √(a² + b²)
Answer: The Socratic App
Step-by-step explanation: The Socratic app can help you solve your problem.
Answer:
hn
Step-by-step explanation:
hnnunuun
ununumim
mimomimumuumuu
