Answer:
C) 9.86%
Step-by-step explanation:
Given that:
Par value of the bond = $1000
Coupon rate = 5.25%
Years of maturity = 9
years to call = 3
price to call = 115% * 1000 = 1150
YTM of the bond = 0.0532
Using Excel formula:
The current price of the bond = P-V(0.0532/2, 9*2, 0.0525*1000/2, 1000)
= $995.04
The yield to call = 2 * RATE( 3*2, 0.0525*1000/2, 995.04, 1150)
The yield to calll = 9.86%
Answer:
0.1429
Step-by-step explanation:
Answer:
-5/13
Step-by-step explanation:
I don' treally sure if it correct
Answer:
14,334 actually that might not be the answer im just thinking that because the 4 is in the tenths place and ur rounding that u would make it into a whole number
<span>Yes, the two events are independent because P(NF|PB) = P(NF).
I'm not 100% sure though so wait til someone else answers :)</span>
