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Mariana [72]
3 years ago
9

Anyone know the right answer? I need to finish this before tomorrow

Mathematics
1 answer:
neonofarm [45]3 years ago
3 0
A) 6.50 or 6.5
b) 0.26
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Stein Co. issued 13-year bonds two years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. If these bond
Firlakuza [10]

Nper = 11*2 = 22 (indicates the period over which interest payments are made)

PMT = 1000*10.3%*1/2 = 51.5 (indicates sem-annual interest payments)

PV = 1000*95% = 950 (indicates the current selling price of the bonds)

FV = 1000 (indicates the face value of bonds)

Rate = ? (Indicates YTM)


YTM = Rate(Nper,PMT,PV,FV)*2 = Rate(22,51.5,-950,1000)*2 = 11.098% or 11.10%


Answer is 11.098% or 11.10%.

4 0
3 years ago
Please help me find the missing side lengths
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Answer:

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Step-by-step explanation:

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on a tour of an old gold mine, you find a gold nugget containing .82 ounces of gold. gold is worth $1566.80 per ounce. how much
Andreas93 [3]
1566.80 * 0.82 = 1331.77
6 0
3 years ago
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Here is my question. Please help
Rasek [7]
6x^2 +30x - 36
6( x^2 +5x -6)
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Roy drives a sedan that gets mileage of 30 miles per gallon. If fuel consumption is represented by g and mileage by m, which fun
Troyanec [42]

This question is given you the information of the two units mileage in terms of miles per gallon and fuel consumption. G is gallons. Therefore meaning, total distance is equal (=) to mileage times (X) fuel consumption.

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3 years ago
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