Answer:
The yield is 5.974%
Step-by-step explanation:
We proceed as follows ;
coupon rate = Annual coupon payment/bond face value.
The face value is the original amount which the bond was bought and that is $515 according to the question. While the coupon rate is 5.8%
mathematically, annual coupon payment = coupon rate * bond face value = 0.058 * 515 = $29.87
mathematically;
current yield = Annual coupon payment/bond price
current yield = 29.87/500
= 0.05974 or simply 5.974%
so the answer is c. 5.6%
Step-by-step explanation:
Well.....2.82 divided by 1 = 2.82
Answer:
1,877
Step-by-step explanation:
845/13 = 65
65 x 32 = 2,080
2,080 - 203 = 1,877
Copy this for part A & B, the x-axis is (1.5,0) the y-axis is (0,1)
By buying 2 tickets you doubled the probability of you winning something. So, the probability that one of your tickets will win something is 0.08. Hope this helps :)
