Answer: The answer is all real numbers
Step-by-step explanation:
This is the answer because the line goes on infinitely and will pass through all of the numbers (negative, positive). Its not y 0 because it passes through 0 when the line goes through x (side to side) axis.
<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%
=
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
