Tamika has conducted a series of performance tests on several different prototypes of her company's new product, and wants to pe
1 answer:
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Answer:
Equilibrium is the point of the interaction between the demand and supply curves.
The given graph given from the question is attached below (Image 1-2)
The solution is attached in image 3-4
Answer:
The current price of the bond would be € 898.87
Explanation:
Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.
Where:
Coupon = 1,000*0.078=78
Yield = 0.089 (or 8.9%)
Face Value= 1,000
n = 20 coupon payments
So, everything should look like this.
Therefore, the price of this bond is € 898.87
Best of luck.