21x -15 + 5 = 10x - 5
21x -5 = 10x
11x = 5
x = 5/11
Answer:
The bond price today is $904.67 , while it is $918.00 in six months's time
Step-by-step explanation:
In calculating the price , I discounted the future cash flows of the bond by the discounting factor given as (1+r)^n, where n is the period of cash flow, r is the semi-annual rate of return at 7%.
The future cash flows are simply receipts of coupon interest and the principal at redemption.
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Answer:
The answer is either a or c .
Step-by-step explanation:
Answer:
-8
Step-by-step explanation:
looked it up on the internet