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:
15y
Step-by-step explanation:
8y + 7y
first, we add the numbers which is 8+7 = 15
now we add the ys that = y+y= y ( when you add any alphabet letter the answer will be itself .)
then we add 15 + y but we can not add these but we can write it as 15y
= 15y
have a wonderful day
Figures of same shape and size are similar .Two circles C1&C2 will be similar.
Circle 1 has a center of (-4,5) and circle 2 has a center of (2,1) .The x of the center is having the translation x+6 and the y is having a translation of y-4.The center of the circle is dilated by 3 units.
The circles are similar because you can translate Circle 1 using the transformation rule (x+6,y-4 ) and then dilate it using a scale factor of 3.
2) Area of sector = 
÷360.
Where α is the angle made at center.
Area of given sector= π(12)(12)(60)÷360 =24π.
Since the limit becomes the undetermined form
it means that both polynomials have a root at 
. So, we can fact both numerator and denominator:
So, the fraction becomes
Now, as x approaches 1, you have no problems anymore:
Average rate = distance / time
distance = average rate x time
Range of distance = 2.2(1) to 2.2(3) = 2.2 to 6.6
Required range is all real numbers from 2.2 to 6.6, inclusive.
