<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:
No it's not a function. Functions can't have the same x value.
Step-by-step explanation:
sorry answer ia not clear
Step-by-step explanation:
if I understand this right, then you need paint and additional supplies.
but I don't see any information indicating how many gallons of paint I will need.
so, I can go only with the 1 gallon specified.
so,
1×30 + 60 = $90
we can save $45 per month.
then we need
90 / 45 = 2
months to have enough money.
please update the numbers to how many gallons you really need, and then take that result and divide it by the 45 savings per month.
Answer:
Mimi is 15.
Step-by-step explanation:
Set up two equations, and solve by elimination.
2(m+5) = d+5
- 3(m-5) = d-5
_____________
2(m+5) - 3(m-5) = 10
2m + 10 - 3m + 15 = 10
-m + 25 = 10
-m = -15
<u>m = 15</u>
Plug this back in to get dad's age.
2(m+5) = d+5
2(15+5) = d + 5
2(20) = d + 5
40 = d + 5
<u>d = 35</u>
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