A 30-year, $1,000 strip bond was traded for $167, four years after it was issued. What was the semi-annually compounded nominal
1 answer:
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Greetings!
Simplify the Expression.
Distribute the Parenthesis.
<em>How?</em><span> Multiply the terms inside the Parenthesis by the term outside of the Parenthesis.
</span>
Combine Like Terms.
The Answer Is:
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Hope this helps.
-Benjamin
Simplify the Expression.
Distribute the Parenthesis.
<em>How?</em><span> Multiply the terms inside the Parenthesis by the term outside of the Parenthesis.
</span>
Combine Like Terms.
The Answer Is:
Hope this helps.
-Benjamin
Answer:
take the answer on picture which I attached with your question
