The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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Well 32 divided by 8 would be 4 so... 32 x 4 would be 128 so 128 times. If it’s not correct I’m really sorry.
Answer: idk but i could be
29 units
It should take 4 years, please mark me brainliest it would mean a lot and if you want an explanation, Comment and I’ll help you out
