Answer:
Jaffrey will end up making $1214 in the first year
Step-by-step explanation:
950 + 12(22) = ?
first lets find out what 12 * 22 =?
12 * 22 = 264
now lets add 264 to 950
264 + 950 = 1214
<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
=
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:The correct answer is A, 14%.
Step-by-step explanation:
All you have to do is take the 30% chance of you HAVING to stop at the first light and find the chance that you won't have to stop at the first light, which is 70%, or .7. Then you take the chance of having to stop at the second light which is 80%, and find the probability of NOT having to stop there, which is 20%, or .2. Then you multiply the probabilities of not having to stop, which equals to .14.
Answer:
Step-by-step explanation:
Product of of 3 and b is 3b
At least means greater than or equal too.