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
20%
source= 8/10 is 80% so you take the remaining 20% which is the percent of increase
the formula for this questions would be pie multiplyed by d
so to solve this problem you would 3.14* 120 which equals 376.8
what you need to do to find six laps is multiply 376.8 with 6
which gives you 2260.8
answer- 2260.8
10/12 and 3/12 6 x 2=12, what you do to the bottom you do to the top 5 x 2= 10 4 x 3=12, what you to the bottom you do to the top 1 x 3=3
Answer:
Vertical
Step-by-step explanation:
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