To convert a number into percent multiple it by 100 and then add the percent sign.
$500 to equation is same as 500x
Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
44.120 > 44.102 > 44.012
6.002 < 6.020 < 6.200
Step-by-step explanation:
Greatest to Least
Make a graph and start at the origin (0,0) count down 5 units and across to the right 4 units. Put a dot here. For every 1 unit the line moves to the right, it moves down 3.
