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Alenkinab [10]
3 years ago
6

If the annual coupon rate is 7 percent on a $1000 face value bond with market price equal to $ 985. Find current yield

Mathematics
1 answer:
Mariulka [41]3 years ago
6 0

Answer:

7.1%

Step-by-step explanation:

Current yield is the ratio of coupon payment of a bond to its current market price.  It is calculated by using coupon payment and the current market value of the bond.

As per given data

Coupon rate = 7%

Face value = $1,000

Market Value = $985

Coupon Payment = $1,000 x 7% = $70

Formula for Current yield is as follow

Current Yield = Annual Coupon Payment / Current Market Price

Current Yield = $70 / $985

Current Yield = 7.11%

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Select the values of r, below, that represent a low or no correlation. (There is more than one answer!)
Anon25 [30]
Ok I have the answers! Anything, whether positive or negative, with the value above .5 has a high correlation. Therefor the answers would be
B-low correlation
C-no correlation
D-low correlation
G- no correlation


I know that's too late for you but hope it helps with any other students struggling!
5 0
3 years ago
Need help with my homework ​
Volgvan

Answer:

\displaystyle y=\frac{16-9x^3}{2x^3 - 3}

\displaystyle y=-\frac{56}{13}

Step-by-step explanation:

<u>Equation Solving</u>

We are given the equation:

\displaystyle x=\sqrt[3]{\frac{3y+16}{2y+9}}

i)

To make y as a subject, we need to isolate y, that is, leaving it alone in the left side of the equation, and an expression with no y's to the right side.

We have to make it in steps like follows.

Cube both sides:

\displaystyle x^3=\left(\sqrt[3]{\frac{3y+16}{2y+9}}\right)^3

Simplify the radical with the cube:

\displaystyle x^3=\frac{3y+16}{2y+9}

Multiply by 2y+9

\displaystyle x^3(2y+9)=\frac{3y+16}{2y+9}(2y+9)

Simplify:

\displaystyle x^3(2y+9)=3y+16

Operate the parentheses:

\displaystyle x^3(2y)+x^3(9)=3y+16

\displaystyle 2x^3y+9x^3=3y+16

Subtract 3y and 9x^3:

\displaystyle 2x^3y - 3y=16-9x^3

Factor y out of the left side:

\displaystyle y(2x^3 - 3)=16-9x^3

Divide by 2x^3 - 3:

\mathbf{\displaystyle y=\frac{16-9x^3}{2x^3 - 3}}

ii) To find y when x=2, substitute:

\displaystyle y=\frac{16-9\cdot 2^3}{2\cdot 2^3 - 3}

\displaystyle y=\frac{16-9\cdot 8}{2\cdot 8 - 3}

\displaystyle y=\frac{16-72}{16- 3}

\displaystyle y=\frac{-56}{13}

\mathbf{\displaystyle y=-\frac{56}{13}}

8 0
3 years ago
nolan is taking a multiple choice test his grade is given by the equation y=70-2x where y represents his final score and x repre
Fynjy0 [20]

Answer:

70 could represent the total number of points nolan can earn on the test

Step-by-step explanation:

7 0
2 years ago
find the equation of a straight line passing through the point(4,5) and equally inclined to the lines 3x = 4y +7 and 5y= 12x +6
galina1969 [7]
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y=(3x-7/)4; m2= ¾y=(12x+6)/5, m3 = 12/5

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y -y1 = m(x-x1)
when y1 = 5 and x1 = 4 then,
y - 5 = -1(x-4)
y = -x +4+ 5 ; y = -x +9</span>
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4 years ago
write three multiplication equations in which the product will have two zeros. use 50 as one of the factors
zysi [14]
50x2=100 50x4=200 50x6=300
7 0
3 years ago
Read 2 more answers
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