Ask question

Ask question

All categories

3 years ago

6

A bond with an annual coupon rate of 4.8% sells for $970. what is the bond’s current yield?

1 answer:

TiliK225 [7]3 years ago

7 0

Given:

A bond with an annual coupon rate of 4.8%, bond value is $970. The bond's current yield can be calculated using this formula:

i = F<em>i</em><em>b
</em><em>
</em>where i = bond <em />yield<em>
</em>F = $970
<em>ib </em>= 4.8%
i = 970*(0.048)
i = $46.56

You might be interested in

What is the total price of a $45 pair of jeans after a 6.5% sales tax is added?<br> show ur work

tangare [24]

The answer is 45.65
45 + 6.5 = 45.065

45 divided by 6.5 over a hundred = 45 + 0.065

Thats how you get 45.65

6 0

3 years ago

Read 2 more answers

2470.28277045 To 3 decimal places

jeka57 [31]

To run the these figures to 3 decimal places

you need to count from the digit after the decimal point until you reach the 3rd number which is 2

so now the answer is 2470.283

This is because the decimal point lies between 2 and 7 and since 7 is great than 5 we add 1 to the 2 making it 3

3 0

3 years ago

Read 2 more answers

PLEASE HELPPPPL!!!

KiRa [710]

Answer:

(0,1) (0.333,0)

(7,0)

m=1

Step-by-step explanation:

4 0

3 years ago

What type of table has the largest area

Helen [10]

Answer:

The Rectangular Table Has The largest area of 1460 in^2

7 0

3 years ago

HELP!!Part B What is the approximate volume of each slice that Hattie's grandma cut? (arc length of each slice is 3 in, vol. of

GalinKa [24]

The approximate volume of each slice will be 63.5 inch². The total cake is divided into the four cylindrical slice.

<h3>What is volume?</h3>

It is defined as a three-dimensional space enclosed by an object or thing.

The volume of the slice is;

$\rm V = \pi r^2 h\\\\\ \rm 81 \pi = \pi \times (r)^2 \times 4 \\\\ r= 4.5 \ inch$

If the grandma cut four pieces, is the approximate volume of each slice that Hattie's grandma cut will be;

The approximate volume of each slice will be;

$\rm V = \PI r^2 h \\\\ \rm V = 3.14 \times (4.5)^2 \times 1 \\\\ V=63.5 \ inch^2$

Hence, the approximate volume of each slice will be 63.5 inch².

Learn more about the volume here:

brainly.com/question/16788902

#SPJ2

6 0

2 years ago