Answer:
~ 12.57
Step-by-step explanation:
A = P (1 + r/n)^nt
A = 4000(1 + 0.05/1)^(13)(1)
A = $7542.59
If you divide those two you get <span>0.0024691358 hope that helped</span>
<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
= 
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
Step-by-step explanation:
y = 3*2 + 9x - 18
First step in this case is to multiply 3 * 2 = 6.
Then you would have: 6 + 9x - 18