Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
What is inside the square root? Is it just the root of x? Or is it ROOT(x-4) + 5 = 2?
Answer:
Step-by-step explanation:
Container A = 75.36 x 17 = 1,281.12
Container B = 62.8 x 18 = 1,130.4
1,281.12 - 1,130.4 = 150.72 is left in container A.
So, 1,130.4 was taken out of it.
1,281.12 divided by 1,130.4 = 1.13
move the decimal over two to the right. Or times it by 100.
113%
Answer:35
Step-by-step explanation:
if you added 85,70, and 50 you would get 205 and that is more than the number of students that were interviewed so 35 would be the correct answer
Answer:
x=21.7
Step-by-step explanation:
cos ø=adjacent/hypotenuse
cos37°=17.3/hypotenuse
hypotenuse=17.3/cos 37°
hypotenuse=21.66
