Answer:
YTM = 5.45%
Step-by-step explanation:
Here, we are interested in calculating the yield to maturity.
Mathematically;
Annual coupon=1000*4.3%=43
YTM=[Annual coupon+(Face value-Present value)/time to maturity]/(Face value+Present value)/2
=[43+(1000-870)/18]/(1000+870)2
=5.45%
4 packages
450 can be divided by 100 4 whole times, the extra cards cannot be added into a package
the last option
not exactly sure how to explain it :/
Answer:10.10
1o.10
300 : 180 = 5 : 3
68
8 + 3 (71 – 51)
71-51= 20
20*3=60
60+8=68