The amount I would receive for the bond when I sell it at the yield to maturity is $810.41.
<h3>How much would I receive for the bond?</h3>
In order to determine the amount I would receive for the bond, the present value of the bond has to be determined. Present value is the discounted cash flow.
Present value = $10000 / (1.0619)^3.5 = $810.41
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Answer:
The same way you tell if a parabola opens up or down, by the leading coefficient of the variable.
Step-by-step explanation:
Since the x-axis is positive to the right, a positive leading coefficient (3) means it opens to the right. eg. And a negative leading coefficient (-2) means it opens to the left.
Answer:
A: 4 miles
B: 3.5 (not sure with this one)
C: 4.5 miles