Nper = 11*2 = 22 (indicates the period over which interest payments are made)
PMT = 1000*10.3%*1/2 = 51.5 (indicates sem-annual interest payments)
PV = 1000*95% = 950 (indicates the current selling price of the bonds)
FV = 1000 (indicates the face value of bonds)
Rate = ? (Indicates YTM)
YTM = Rate(Nper,PMT,PV,FV)*2 = Rate(22,51.5,-950,1000)*2 = 11.098% or 11.10%
Answer is 11.098% or 11.10%.
This process is very simple. All you are doing is creating a table of values somewhere to help you graph this function. As you can see, the coordinates of ![\displaystyle [-6, -2], [1, -1], [2, 0], [3, 1],](https://tex.z-dn.net/?f=%5Cdisplaystyle%20%5B-6%2C%20-2%5D%2C%20%5B1%2C%20-1%5D%2C%20%5B2%2C%200%5D%2C%20%5B3%2C%201%5D%2C)
and ![[10, 2]](https://tex.z-dn.net/?f=%5B10%2C%202%5D)
are all touched on this graph, letting you know that this information is accurate.
I am joyous to assist you at any time. ☺️
Answer:
The first one is right the rest of them is not right correct
Step-by-step explanation:
The probability of drawing a blue card is equal to the quotient when the number of blue cards is divided by the total number of cards. This is, 16/38 which is also equal to 8/19. Thus, the probability of drawing a yellow card is 8/19. The answer is letter C.
