1: 1.19 for 67.2 ounces is about 1.77 cents per ounce. However, $1.50 for 72 ounces is about 2.08 cents per ounce. Clearly, then, the first bottle is cheaper.

2. We simply divide 3/4 by 2 to get (3/4)/2=3/(4*2)=3/8.

3. If the length of the second is 20 feet compared to a 2-foot length for the first, the width of the second rectangle will be ten times the width of the first, so the width of the second rectangle is 10*8=80.

4 0

2 years ago

Springfield nuclear energy inc bonds are currently trading at 283.30. The bonds have a face value of $1,000, a coupon rate of 2%

vampirchik [111]

Answer:

The yield to maturity of the bonds is 11%

Explanation:

Price at which the bonds is currently trading = 283.30$

Face Value = $1000

Coupon rate = 2%

Hence the coupon bond rate = $1000 ×2%

= $1000\times \frac{2}{100}$

=$20

Years to maturity: 20 years

Formula used:

= $\frac{(C+ (\frac{(F-P)}{n}))}{(\frac{(F+P)}{2})}$

Where C is the bond coupon rate

F is the face value

P is the price

N is the number of years

= $\frac{(20 +(\frac{(1000-283.30)}{20})}{(\frac{(1000+283.30)}{2})}$

=11%

The yield to maturity of the bonds is 11%

3 0

2 years ago