Answer:
Bond Price= $1,774.05
Explanation:
Giving the following information:
Coupon rate= 0.0573/2= 0.02865
YTM= 0.067/2= 0.0335
The bond matures in 23 years.
Par value= $2,000
<u>To calculate the bond price, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 57.3*{[(1 - (1.0335^-46)] / 0.0335} + [2,000/1.0335^46]
Bond Price= 1,334.76 + 439.29
Bond Price= $1,774.05
Answer: 12 months
Explanation:
Let's assume I want to get a 2007 Volkswagen Jetta $12,000, which has a very good review. I'll need to save for 12months to get $6000 then add $6000 which would be given to me by my parents, at the end of 12months I would be able to get the 2007 Volkswagen Jetta which goes for $12,000.
Answer:
-1.83%
Explanation:
The closing price was 12,743.40, which was down by .
it means that the opening price was
$12,743.40 + $237.44 = $12,980.44.
The percentage return will be the
return/ original price x 100
=- - 237.44/12,980.44 x 100
= - 0.018291574 x 100
= - 1.83%
Answer:
see below
Explanation:
A
Because for the last sentence, the more proper pronoun would be "their".