Answer:
1/5+8/10=1
Step-by-step explanation:
1/5 = 2/10
Answer:
a. $849.45
Step-by-step explanation:
In the above question, we are given the following information
Coupon rate = 10%
Face value = 1000
Maturity = n = 20 years
t = number of periods = compounded semi annually = 2
Percent yield = 12% = 0.12
Bond Value formula =
C/t × ([1 -( 1/ 1 + r/t)-^nt ÷] r/t) +( F/ (1 + r/t)^nt)
C = coupon rate × face value = 10% × 1000 = 100
Bond value:
= 100/2 × ( [1 - (1 /1 + 0.12/2)^-20×2]÷ 0.12/2)+ (1000/( 1 + 0.12/2)^20×2
= 50 × ( [1 - (1 /1 + 0.06) ^40] ÷ 0.06) + ( 1000/ (1 + 0.06) ^40
= 50 × ( [1 - (1/ (1.06) ^40] ÷ 0.06 ) + (1000/(1.06)^40)
= 50 × 15.046296872 + 97.222187709
= $849.45
Bond value = $849.45
Answer:
What are the possible answers?
6.5 - 3 = 3.5
11 - 6.5 = 4.5
16.5 - 11 = 5.5
23 - 16.5 = 6.5
From this, you can see that the number being added is increasing by 1 each time.
Therefore, the pattern is adding 3.5, then 4.5, then 5.5, then 6.5, and so on.
Use substitution
3x = 2(-6x + 18) + 14
3x = -12x + 36 + 14
3x = -12x + 50
15x = 50, x = 50/15 = 10/3
Solution: x = 10/3
