The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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Answer:
$1.95 for one can of peanuts.
Step-by-step explanation:
Answer:
John earns $ 14.00 for two hours of work
Step-by-step explanation:
Hope i'm right and hope it helps:))
You need to apply the same reasoning.
25 cents is 25% of a dollar because they are 25 out of 100, that is 25/100 = 25%
For 23 cents is exactly the same reasoning:
23 cents is 23% of a dollar <span>because they are 23 out of 100 cents, that is 23/100 = 23%</span>
