Answer:
5x / (x - 4)
Step-by-step explanation:
(x + 1)/(x - 4) • 5x/(x + 1)
Method 1:
Cancel out x + 1
Leaving 5x/(x - 4)
Method 2:
(x + 1)/(x - 4) • 5x/(x + 1)
Multiply numerator and denominator separately
= 5x(x + 1) / (x - 4)(x + 1)
Cancel out (x + 1) in the numerator and (x + 1) in the denominator
= 5x / (x - 4)
Therefore,
(x + 1)/(x - 4) • 5x/(x + 1) = 5x / (x - 4)
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24
Answer:
$0.79
Step-by-step explanation:
4 x 3 = 12
9.48/12 = 0.79
Hope this helppsssssssssssssssssssssssssssssssssssssssssssssss
