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
Think lower than 21 I know the answer btw if you needit
If 1/4x - 1/4 = 2 then 2 + 1/4 = 1/4x.
so 3/4 = 1/4x
3/4 is equal to 1/1.33 (reduce by dividing both numerator and denominator by 3)
so 4 x ? = 1.33. 1.33 / 4 = 0.3325
so (if you're solving for x) I believe the answer is x = 0.3325
Answer:
what we have to find , please complete the question
