Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
0.3 inches per hour, if I did the math correctly.
Answer:
I think B
Cuz : he said that the medicine is equal to two-thirds the weight of the child's in pound which means 2/3 multiple 45 is 30
Isn't it?
Answer:
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Step-by-step explanation:
Answer:
(7, 5)
Step-by-step explanation:
When reflecting over the x-axis, the only position that moves is the y-coordinate as it is going above the axis it was previously below. Since point F's original position was (7, -5) it is 5 spaces away from the x-axis. We move 5 places up to be even with the x-axis, then move up another 5 places to reflect the point to get F'.
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