Hey!
In order to simplify this equation, we'll first have to multiply both sides of the equation by v. This will give us v on its own.
<em>Original Equation :</em>

<em>New Equation {Added Multiply Both Sides by V} :</em>

<em>Solution {New Equation Solved} :</em>

Now we'll switch sides to get v on the left side of the equation which is generally where we always want the variables to be located in these types of equations.
<em>Old Equation :</em>

<em>New Equation {Switched} :</em>

Now we'll divide both sides by v to get v on its own.
<em>Old Equation :</em>

<em>New Equation {Added Divide Both Sides by V} :</em>

<em>Solution {New Equation Solved} :</em>

<em>So, this means that in the equation

,</em>

.
Hope this helps!
- Lindsey Frazier ♥
Attached is a screenshot of spreadsheet used to do this problem.
You will see the excel functions used for each column. The average score is highlighted in blue.
Answer:
360 m is the answer........
Answer:



Step-by-step explanation:
= (probability of entire face value paid*face value+probability of entire face value not paid*percent of face value paid*face value)/(1+discount rate)^years to maturity
probability of entire face value paid = 75%
face value = 1000
probability of entire face value not paid = 25%
percent of face value paid= 60%
discount rate = 15%
years to maturity = 3


