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Bas_tet [7]
3 years ago
8

If 16 oz of granola cost 5.99 how much does 1 oz of granola cost?

Mathematics
1 answer:
gizmo_the_mogwai [7]3 years ago
4 0

Answer:

0.374375 or 0.37

Step-by-step explanation:

divided $5.99 by 16

-simplify if needed

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Springfield nuclear energy inc bonds are currently trading at 283.30. The bonds have a face value of $1,000, a coupon rate of 2%
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<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%

= 1000\times \frac{2}{100}

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Years to maturity: 20 years

Formula used:  

=\frac{(C+ (\frac{(F-P)}{n}))}{(\frac{(F+P)}{2})}

Where C is the bond coupon rate

F is the face value

P is the price

N is the number of years

=\frac{(20 +(\frac{(1000-283.30)}{20})}{(\frac{(1000+283.30)}{2})}

=11%

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