Answer:
YTM = 5.45%
Step-by-step explanation:
Here, we are interested in calculating the yield to maturity.
Mathematically;
Annual coupon=1000*4.3%=43
YTM=[Annual coupon+(Face value-Present value)/time to maturity]/(Face value+Present value)/2
=[43+(1000-870)/18]/(1000+870)2
=5.45%
i'm thinking yes how ever tou want to do it because i am only in 4th grade
Answer:
(9,36)
Step-by-step explanation:
Substitute the 4x for the y in second equation.
Basically setting them equal to each other because the both have 'y='
4x = 8x - 36
-4x = -36 (subtract 8x from both sides)
x = 9 (divide by -4, both sides)
y = 4(9) (Substitute the x value into first equation)
y = 36
