Answer:
a. $849.45
Step-by-step explanation:
In the above question, we are given the following information
Coupon rate = 10%
Face value = 1000
Maturity = n = 20 years
t = number of periods = compounded semi annually = 2
Percent yield = 12% = 0.12
Bond Value formula =
C/t × ([1 -( 1/ 1 + r/t)-^nt ÷] r/t) +( F/ (1 + r/t)^nt)
C = coupon rate × face value = 10% × 1000 = 100
Bond value:
= 100/2 × ( [1 - (1 /1 + 0.12/2)^-20×2]÷ 0.12/2)+ (1000/( 1 + 0.12/2)^20×2
= 50 × ( [1 - (1 /1 + 0.06) ^40] ÷ 0.06) + ( 1000/ (1 + 0.06) ^40
= 50 × ( [1 - (1/ (1.06) ^40] ÷ 0.06 ) + (1000/(1.06)^40)
= 50 × 15.046296872 + 97.222187709
= $849.45
Bond value = $849.45
The granola summer buys used to cost $6.00 per pound but it has been marked up %15 Question: How much did it cost summer to buy 2.6 pounds of granola at the old price.=> previous price of granola = 6.00 dollars per pound=> marked up 15% = 15% /100% = .15 solve:=> 6 * .15 = .9=> 6 + .9 = 6.9 dollars per poundNow, you want to buy 2.6 pounds=> 6.9 * 2.6 = 17.94 dollars
In 1997 = 17697
Because, each year, the number of employees is expected to decrease by 2.2%, find 2.2% of 17697 and subtract from the number.
2.2/100 x 17697 = 38933.4/100 = 389.334
^that was calculating 2.2% of 17697. Now we subtract:
17697.000
- 389.334
17307.666 =
Round to the nearest whole number = 17308
Answer: in 1998, the expected number of workers is 17308
I think it would be the second question!
