Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
Answer:
A,C,D
Step-by-step explanation:
The only one you might use it the triangle
Answer:
A. (–8, 2)
Step-by-step explanation:
(1) y = ½x + 6
(2) y = -¾x – 4 Set (1) = (2)
½x + 6 = -¾x – 4 Multiply each side by 4
2x + 24 = -3x – 16 Add 16 to each side
2x + 40 = -3x Subtract 2x from each side
40 = -5x Divide each side by -5
(3) x = -8 Substitute (2) into (1)
y = ½(-8) +6
= -4 + 6
= 2
The solution to the system of equations is (-8 ,2).
You can see the graphs of the two functions in the figure below. The two lines intersect at (-8, 2).
Check:
2 = ½(-8) + 6 2 = -¾(-8) - 4
2 = -4 +6 2 = 6 - 4
2 = 2 2 = 2
Cm is a centimeter, which is one-hundredth of a meter. Or rather, one hundred centimeters is equal to one meter.
To convert cm to meters
(62.5 cm) * (1 meter/100 cm) = .625 meters
Step-by-step explanation:
The formula the amusement parc use is 100y-39000=55(x-800)
The slope intercept form of a function is wriiten generally as:
y = mx+c
- m is a slope
- c is a constant and represents the y-intercept
- x is a variable
- y is the input of the function
Let's rewrite our equation in the precedent form
- 100y-39000 = 55(x-800)
- 100y -39000 = 55x-44000 add 39000 in both sides
- 100y-39000+39000 = 55x-44000+39000
- 100y = 55x-5000 divide both sides by 100
- y = 0.55x-50
The slope intercept form of this equation is:
y= 0.55x-50
