Answer:
17%
Explanation:
Market price of a bond is the total sum of discounted coupon payment plus par value at maturity. This is a 10-year bond with semi-annual payment so there will be 20 coupon payment in total. Let formulate the bond price as below:
Bond price = [(Coupon rate/2) x Par]/(1 + YTM/2) + [(Coupon rate/2) x Par]/(1 + YTM/2)^2 + ... + [(Coupon rate/2) x Par + Par]/(1 + YTM/2)^20
Putting all the number together, we have
1,158.91 = [(Coupon rate/2) x 1000]/(1 + 7%) + [(Coupon rate/2) x 1000]/(1 + 7%)^2 + ... + [(Coupon rate/2) x 1000 + 1000]/(1 + 7%)^20
Solve the equation, we have Coupon rate = 17%
Answer:
The answer is a the interest rate to fall as there is currently a surplus of loanable funds.
Explanation:
Investors who wish to borrow $100 million represent quantity of money demand and savers who wish to save $125 million. There is surplus of loanable funds SS > DD = $125 million > $100 million
Answer:
The powerful novel which explores themes of friendship, power, dreams, and the responsibility we have to look out for one another in a sometimes unkind world.
The characters at the heart of the story, George and Lennie, work against all odds to earn enough money to build their dream (to own a place of their own, with alfalfa and rabbits.)
According to the book, their friendship sets them apart from the other men in the world and fuels their aspirations.
I hope it helps, kindly give brainliest if it does.
Answer:
why would the introduction of new product causes stock price to change a new product quality service launched by the company that might sell Supriya aysola returning for senior level management change that is expected to bring in a new level of atheism new ideas and clean up the mess grid with the previous administration also affect the stock price
