Answer:
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Step-by-step explanation:
For a $1000 face value purchased at a discount price of $925, if it pays 6% fixed interest for the duration of the bond is the yield on a corporate bond mathematically given as
Yield = 6.5%
<h3>What is the yield on a corporate bond?</h3>
Generally, the equation for the interest paid is mathematically given as
Interest paid = value of bond x Interest rate
Interest paid = 1000 * 6%
Interest paid = 60
Therefore
Yield = Interest paid / Price paid
Yield = (60 / 925)x 100
Yield = 6.5%
In conclusion, the yield on a corporate bond is
Yield = 6.5%
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Answer:
Step-by-step explanation:
Given that the number is h
More means "Addition" or "+".
So, the algebraic expression will be:
=> 
Hope this helped!
~AnonymousHelper1807
