Answer:
The best choice is y = 82.1
Step-by-step explanation:
Just simplify both sides of the equation, then isolate the variable.
Which makes it's exact form y= 34^5/4 and when converting it to decimal form it becomes y = 82.1
Answer:
I think its 12.3 years
Step-by-step explanation:
a fifth of 775 is 155 and 155 x 12.3 = 1850
Answer:
HL is the correct answer of this question
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:
