Answer:
( 39.6 * 5 ) / 9
Step-by-step explanation:
( 39.6 * 5 ) / 9 Equation
( 198 ) / 9 Done operation in brackets
22 Removed parenthesis
Answer:
Copuon= $15,000
Step-by-step explanation:
Giving the following information:
Face value= $300,000
Coupon rate= 10%
<u>First, we need to determine the semiannual coupon rate:</u>
Semiannual coupon rate= 0.1/2= 0.05
<u>Now, the coupon using the following formula:</u>
<u></u>
Copuon= face value*coupon rate
Copuon= 300,000*0.05
Copuon= $15,000
Divide 5/8 by 13 2/3 and you should get your answer.
Answer:
Step-by-step explanation:
A=a+b
/2 times h
A=18