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3 years ago

10

Lacy has a $1000 bond with a 6.2% coupon that she purchased for $1025. What is the yield of this bond? Round your answer to 2 de

cimal places.

2 answers:

Ede4ka [16]3 years ago

4 0

So the question is asking what is 6.2% of 1000? Then rounding our decimals?

Allisa [31]3 years ago

3 0

Answer:

6.04%

Step-by-step explanation:

multiply the coupon rate with the face value, and divide with the purchase price

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Answer:

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Step-by-step explanation:

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allochka39001 [22]

Answer:

S={WG, WE, WM, YG, YE, YM, BG, BE, BM}

Step-by-step explanation:

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3 years ago

3. Convert 150 yards per minute to feet per day.

vesna_86 [32]

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One hour has 60 minutes.

One day has 24 x 60 = 1440 minutes.

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3 0

3 years ago

Find the 11th term of the following geometric sequence.<br> 1, 3, 9, 27, ...

Natasha_Volkova [10]

Answer:

the answer is 59048

Step-by-step explanation:

as the common ratio is multiplying by 3 and the first term is 1 so from the rule (Tn=ar(power n-1 ) )

so the 11th term is 1*3(power 11-1 ) equal 3 power 10 equal 59048

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3 years ago