Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
256x8y8256+2x8y8+56x3y7+28x7y2+126x5y4+x8+1048x7y+1932x6y2+2240x5y3+2310x4y4+2296x3y5+1932x2y6+1048xy7+y8+8x6y+56xy3+28x2y+8xy
Step-by-step explanation:
Answer:2/10 20%
Step-by-step explanation:
-11-8=-19
-17-10=-27
slope=19/27
520 dollars for 4 train tickets and 3 bus tickets.
