Answer:4
Step-by-step explanation:
A zero-coupon bond doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.
To figure the price you should pay for a zero-coupon bond, you'll follow these steps:
Divide your required rate of return by 100 to convert it to a decimal.
Add 1 to the required rate of return as a decimal.
Raise the result to the power of the number of years until the bond matures.
Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.
First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.
These two have different denominators, so you find the least common multiple. This problem goes to be 2/8+5/8, which equals 7/8。
One million: 10^6
Ten million: 10^7
So the exponent will be anywhere between 6 and 7, inclusive
Answer:
This is such a unique language. What language is this? I wanna try and learn it
Answer:
C.) -7x - 5y = -48
Step-by-step explanation:
slope AB = (y2 - y1)/(x2-x1)
= {4-(-1)}/{4-(-3)} = 4+1/4+3 = 5/7
slope of BC = -1 ÷ 5/7 = -1 × 7/5 = -7/5
taking -7x - 5y = -48
-5y = 7x -48
y = 7x/-5 - 48
y = -7/5x -48
