Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
Answer:
2 miles per hour!
Step-by-step explanation:
It shows that it changes by 2 hours each time! :)
Answer:
Step-by-step explanation:
60 * 50 * 2 = 6000cm
50 * 40 * 2 = 4000cm
40 * 60 * 2 = 4800cm
6000 + 4000 + 4800 = 14800 * .04= 592
The center of a circle is going to be (-3,5) and the radius of the circle is 4
Answer:
15 is correct...
Step-by-step explanation:
Since |NB| = |HB|
So the hypotenuse is the same.
3x = x + 10
3x - x = 10
2x = 10
x = 10/2
x = 5
|KN| = x + 10
|KN| = 5 + 10
|KN| = 15
Option A
