Answer:
To make this clear, consider this simple example: a $1,000 bond that sells for $900 and pays a 7% coupon (that's $70 a year), would have a current yield of 7.77%. This is $70 (annual interest) divided by $900 (current price).
Step-by-step explanation:
The quotient of 3 and 3/5 divided by 2/5 is 0.134
Answer:50.27 centimeters
Step-by-step explanation:
Answer:
93.15
Step-by-step explanation:
Multiply 230.00 dollars and 0.55 = 126.50
Subtract 230.00 dollars and 126.50 = 103.50
Multiply 103.50 and 0.10 = 10.35
Subtract 103.50 and 10.35 = 93.15