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zaharov [31]
4 years ago
14

Estimation gives an exact answer. true or false

Mathematics
1 answer:
damaskus [11]4 years ago
5 0
False. An estimation gives you a rough amount of whatever it is that you're calculating.
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4 0
3 years ago
(3x-8)(x+8) multiply
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A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is t
Basile [38]

Answer:

The yield to maturity is 6.3974%

Step-by-step explanation:

The computation of the yield to maturity is as follows

Given that

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PV = $1,035.25

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The formula is shown below:

=RATE(NPER;PMT;-PV;FV;TYPE)

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Hence, the yield to maturity is 6.3974%

7 0
3 years ago
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