Multiply 80 by 5/8ths.
80*5/8=50
Coordinates: (3, -3)
this point R would be the same distance that point P is from point Q, fulfilling the statement of it being an isosceles triangle
Answer:
YTM = 5.45%
Step-by-step explanation:
Here, we are interested in calculating the yield to maturity.
Mathematically;
Annual coupon=1000*4.3%=43
YTM=[Annual coupon+(Face value-Present value)/time to maturity]/(Face value+Present value)/2
=[43+(1000-870)/18]/(1000+870)2
=5.45%
