3.21 is greater than 0.2.
3.21 > 0.2
We are given with
F = 1000
b = 22.50
P = 100.8
We use the formula to get the coupon rate
b = Fib
Substituting the given values
22.50 = 1000 ib
ib = 0.0255 or 2.25%
The coupon rate is 2.25%
The answer is a, because I need more
Answer:
X = 13/3
Step-by-step explanation:
24x - 6 = 9x + 38+21
24x - 9x= 38 + 21 + 6
15x = 65
X = 65/15 = 13/3
X = 13/3