1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr_godi [17]
3 years ago
7

Springfield nuclear energy inc bonds are currently trading at 283.30. The bonds have a face value of $1,000, a coupon rate of 2%

with coupons paid annually, and they mature in 20 years. What is the yield to maturity of the bonds?
Mathematics
1 answer:
vampirchik [111]3 years ago
3 0

<u>Answer:</u>

The yield to maturity of the bonds is 11%

<u>Explanation:</u>

Price at which the bonds is currently trading = 283.30$

Face Value = $1000

Coupon rate = 2%

Hence the coupon bond rate = $1000 ×2%

= 1000\times \frac{2}{100}

=$20

Years to maturity: 20 years

Formula used:  

=\frac{(C+ (\frac{(F-P)}{n}))}{(\frac{(F+P)}{2})}

Where C is the bond coupon rate

F is the face value

P is the price

N is the number of years

=\frac{(20 +(\frac{(1000-283.30)}{20})}{(\frac{(1000+283.30)}{2})}

=11%

The yield to maturity of the bonds is 11%

You might be interested in
Someone help me with this ?
musickatia [10]
\dfrac a 2 = \dfrac b 3

\dfrac 3 2 = \dfrac b a

Final answer: \qquad \dfrac 3 2
5 0
3 years ago
F(x) = -2x + 5<br> f ( ) = 13
scZoUnD [109]

Answer:

Okay, I haven't done this a long time however I believe with this you have to solve the equation by doing substitution.

Step-by-step explanation:

so, if f (x) equals 13, you replace the x in the equation to 13.

f(x)=-2x+5

f(x)=-2(13)+5

f(x)=26+5

f(x)=31

I believe 41 would be your answer. Hope this is right and it helped!

4 0
3 years ago
Select the fraction equivalent of 0.06. reduce to the lowest terms
viva [34]

Answer: 3/50

Step-by-step explanation:

0.06 = 6/100 , 100 would be the denominator because we have two figures after the decimal point. Each figures can also be represented by 10,

Again,

0.06 = 6 × 10-²

Now 0.06 = 6/100

= 3/50.

Therefore, the fractional form = 3/50 in its lowest term.

3 0
3 years ago
A collector of scale model of ships wants to know the length of a 1/69 scale model of a ship that was 207 feet in length. Find t
Tresset [83]
I think 3 because if u divide 207 by 69 you get 3
4 0
3 years ago
Can some one awser some of those please thank you please :)
Alexeev081 [22]
5. 1,000,000
6. 9,300
7. 5,070
8. 5, 280
9. 810
10. 220
11. 44,770
12. 76, 000

Those are a few answers for you. Try looking back at your notes (If you copied any) to figure out your problems :)
4 0
3 years ago
Read 2 more answers
Other questions:
  • How do we do improper faction
    8·1 answer
  • Julio spends about 1/2 hour reading every night he owns 8 science fiction books 12 mystery books and 7 history he wants to add e
    8·2 answers
  • Someone help idk how to answer
    12·2 answers
  • Help pls what is c/6=9
    12·2 answers
  • Help me with this please
    12·1 answer
  • Which numbers form a Pythagorean triple?
    14·1 answer
  • Eight friends started a business. They will wear either a baseball cap or a shirt imprinted with their logo while working. They
    8·1 answer
  • Find the percent error of the measurement 9 cm .
    9·1 answer
  • -3(x+n)=x<br> solve for x
    7·1 answer
  • If 1.5 yards of red licorice has 45.3 grams of sugar how much sugar is in 5.5 yards of licorice
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!