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Gennadij [26K]
2 years ago
15

What is the value of z in the equation 3z - 7 = 14?

Mathematics
1 answer:
baherus [9]2 years ago
5 0
1st add 7 to both sides : 3z = 21, 2nd divide both sides with 3: z = 7
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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]

<u>Answer:</u>

The yield to maturity of the bonds is 11%

<u>Explanation:</u>

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%

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3 years ago
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Answer:

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F you have $18 and a 15% markup, what is the retail price?
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