Answer:
5.8%
Step-by-step explanation:
Current yield = 6.1%
Face value of bond = $500
Market price of bond = $475
Let the original coupon rate be CR
Multiply both sides by 475
Cancel out the 475's from the top and bottom of the right side
Flip the sides
Divide both sides by 5000
Cancel out 50000 from the top and bottom of the left side
%
CR = 0.0579 * 100 [convert decimal into a percentage]
CR = 5.79 %
CR = 5.8% [rounded off to the tenth place]
The limit as a definite integral on the interval on [2π , 4π] is
.
<h3>What is meant by definite integral?</h3>
A definite integral uses infinitesimal slivers or stripes of the region to calculate the area beneath a function. Integrals can be used to represent a region's (signed) area, the cumulative value of a function changing over time, or the amount of a substance given its density.
Definite integral, a term used in mathematics. is the region in the xy plane defined by the graph of f, the x-axis, and the lines x = a and x = b, where the area above the x-axis adds to the total and the area below the x-axis subtracts from the total.
If an antiderivative F exists for the interval [a, b], the definite integral of the function is the difference of the values at points a and b. The definite integral of any function can also be expressed as the limit of a sum.
Let the equation be
substitute the values in the above equation, we get
= on [2π, 4π],
simplifying the above equation
To learn more about definite integral refer to:
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