<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
= 
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
1st slot: 12
2nd slot: 48
Step-by-step explanation:
Hope this helps!
Answer:
X>3
Step-by-step explanation:
3 pairs of choices give rise to 2^3 = 8 possibilities:
.. bus, full, morning
.. bus, full, afternoon
.. bus, concession, morning
.. bus, concession, afternoon
.. train, full, morning
.. train, full, afternoon
.. train, concession, morning
.. train, concession, afternoon