Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
Answer:
It is B)
Step-by-step explanation:
IK its B because if the egg is dropped from o height of 90 ft the egg would take 2.4 seconds
Answer:
36.07 million percent
Step-by-step explanation:
D(1,-5,-4,-7) R(0,7,-7,-4) Domain are your x values and range is your y values
Based on the given description above, I have analyzed it and come up with a solution to get the probability if in a random sample of 25 students from this said group and the average height is between 73 and 75 inches. So if you calculate it, it will be like this:
<span>2P(Z<2)−1</span>
To find the probability of Z, use the normal distribution table.
The value for Z being less than 2 is 0.9772.
The final result is then<span><span>2(0.9772)−1=0.9544
Hope this is the answer that you are looking for.</span></span>
