Answer:
450
Step-by-step explanation:
plug 4 into x
25(4) + 350
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:
The numerator is 4 and the denominator is 5
Answer:
4.58257
Step-by-step explanation:
That is the square root of 21, so if there's a point about there, then choose it.