Given that Johan takes-out a 20 year mortgage at 4% to buy a house. If he looks at investing in 20-year, fixed rate Treasuries, the most likely closest to the coupons of the treasuries is 3.8%, this is because any other rates apart from this will lead to an arbitrage opportunity. This means that if the percentage of the coupons are high, Johan may invest his proceeds from mortgage to treasuries and earn risk free interest. The right rate is 3.9%
Answer:
$20
Step-by-step explanation:
the delivery guy show up early and that guy deserve 20bucks
Answer:
(x, y) → (x+8, y-3)
Step-by-step explanation:
You are moving the x coordinates 8 steps to the right, which is in the positive direction. This makes the change +8. This is where the x+8 comes from.
For the y coordinates, you are moving 3 down, which is in the negative direction which means it is y-3.
(You can pick one point, D, and track its movements. We can see that point D had to move 8 units to the right and 3 units down to become D'.)
Answer:
5
Step-by-step explanation:
Spanish: 46
Chinese: 51
Both languages: 46 - 41 = 5
Hope this helps