My answer: $2000 were invested at 5%
Let x amount of money was invested at 5% and (6000-x) amount was invested as 3%
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
If 8=8 it will be 8(7) which means we have to do 8*7 and 8*7 will be 56 so the answer is 56 :) brainliest would be appreciated
Answer:
The pairs ( 1 , 2 ) and ( 2 , 1 ) are not equal because their respective elements are not equal.
Step-by-step explanation:
The pair of elements which are in specific order is called an ordered pair. The pair ( 1 , 2 ) is not same as the pair ( 2 , 1 ). In the pair ( 1 , 2 ) 1 is in the first position and 2 is in the second position. In the pair ( 2 , 1 ), 2 is in the first position and 1 is in the second position.
Two ordered pairs ( a , b ) and (c , d ) are said to be equal if a = c and b = d. We write ( a , b ) = ( c , d ).
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