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natima [27]
3 years ago
8

What is the yield to maturity of a one-year zero-coupon bond with a $10,000 face value and a price of $9400

Business
1 answer:
svp [43]3 years ago
3 0

Answer:

6.383%

Explanation:

Calculation for the What is the yield to maturity

Using this formula

YTM=n√Face value/Bond price -1

Where,

n=one-year

Face value=10,000

Bond price=9,400

Let plug in the formula

YTM=1√10,000/9,400−1

YTM=1.06383-1

YTM=0.06383*100

YTM=6.383%

Therefore the yield to maturity will be 6.383%

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The following are topics in microeconomics:

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Microeconomics studies individuals and business decisions, while macroeconomics studies the government decisions and its impact on the economy.

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2 years ago
A false statement of material fact regarding ownership of business property that results in a loss of sales is referred to as __
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Answer:

D. Slander of title.

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Answer:

$1,215 per customer

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