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Doss [256]
3 years ago
10

A 15-year bond with a face value of $1,000 currently sells for $850.

Business
1 answer:
Veseljchak [2.6K]3 years ago
6 0

Answer:

c. The bond's yield to maturity is greater than its coupon rate.

Explanation:

The coupon rate is that amount of bond which is calculated on the principal amount whereas yield to maturity is that rate which is held till maturity date and generate the investment till the maturity date.  

The relationship between the interest rate and the bond value is inverse. It means when the bond value is decrease than the interest is increase and vice versa. So it increases the yield to maturity and decreases the coupon rate

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cluponka [151]

3% is the answer.

<u>Explanation:</u>

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I dont know how to turn 4x+4 into factored form
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You invested in a 3-month certificate of deposit at your bank. Your investment was $1,902, and at the end of the term you will r
Art [367]

Answer and Explanation:

The computation is shown below:

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= 14.51%

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= (1 + 0.1451)^4 - 1

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= 0.719387079 or 71.94%

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2 years ago
Two methods of accounting for uncollectible accounts are the
aliya0001 [1]

Answer:

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3 years ago
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