For a $1000 face value purchased at a discount price of $925, if it pays 6% fixed interest for the duration of the bond is the yield on a corporate bond mathematically given as
Yield = 6.5%
What is the yield on a corporate bond?
Generally, the equation for the interest paid is mathematically given as
Interest paid = value of bond x Interest rate
Interest paid = 1000 * 6%
Interest paid = 60
Therefore
Yield = Interest paid / Price paid
Yield = (60 / 925)x 100
Yield = 6.5%
In conclusion, the yield on a corporate bond is
Yield = 6.5%
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Scale : 2 inches = 39 miles
The length of the highway on the map is 9 inches -> the real length of it = 39 x 9 : 2 = 175.5 (miles)
There are 7 rest stops equally spaced => There are 7-1 = 6 equal distance between the rest stops
So, every rest stop is 175.5 : 6 = 29.25 miles apart from each other.
With a scale of 1 inch = 30 miles, each rest stop will be 29.25 : 30 = 0.975 inches apart from each other on the new map.
Answer: 17
Step-by-step explanation: 4x6= 24. then 21 divided by 3= 7. 24-7= 17
Answer:
These patterns recur in different contexts and can sometimes be modelled mathematically. Natural patterns include symmetries, trees, spirals, meanders, waves, foams, tessellations, cracks and stripes. Early Greek philosophers studied pattern, with Plato, Pythagoras and Empedocles attempting to explain order in nature.
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Sincerely; Victoria <3