$144 I believe ok toodles
Answer:
Correct answer is 30,000
Step-by-step explanation:
From multiplication :
6 * 5 = 30
Now moving to:
60 * 500
Number of ending zeros in both values = 3 ; (000)
This 3 0's will be placed at the end of the result of multiplying 6 by 5
Hence,
6 * 5 = 30
60 * 500 = 30+000 = 30,000
Hence, 60 * 500 = 30000
Given:
A bond with an annual coupon rate of 4.8%, bond value is $970. The bond's current yield can be calculated using this formula:
i = F<em>i</em><em>b
</em><em>
</em>where i = bond <em />yield<em>
</em>F = $970
<em>ib </em>= 4.8%
i = 970*(0.048)
i = $46.56
2/14 just add the numerators and denomentators