Answer:

Step-by-step explanation:
Given


Required
Determine the equation (y)
Let the steady rate be represented with r.
So, the equation (y) can be determined using:



Answer:
2000
Step-by-step explanation:
1 dm =1000
2dm =?
2dm x 1000
1dm
2000
Answer:
64%
Step-by-step explanation:
16 divided by 25 is 0.64 then multiply by 100 to convert a decimal to a percentage which equals 64%.
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]