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%.
Learn more about percentage discount here:
brainly.com/question/26178186
#SPJ4
Answer:
<em>r=3x</em>
Step-by-step explanation:
<u>The Volume of a Cone</u>
The volume of a cone of radius r and height h is:
We are given the volume of a cone is
Equating:
Multiplying by 3:
Simplifying by pi:
Since h=x:
Dividing by x:
Taking square roots:
Thus: r=3x
12 and 1/8, I just simplified 2/16 to 1/8