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Hoochie [10]
3 years ago
10

Sadik Inc.'s bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year ma

turity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?
A. 6.39%
B. 6.72%
C. 7.08%
D. 7.45%
E. 7.82%
Mathematics
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

D. 7.45%

Step-by-step explanation:

The computation of the yield to call is shown below:

Given that

NPER 5

Present value $1,280

PMT $135

Future value $1,050

The formula is shown below:

= RATE(NPER;PMT;-PV;FV;TYPE)

The present value comes in negative

After applying the above formula, the yield to call is 7.45%

hence, the correct option is d.

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A vegetable garden with an area of 200 square feet is to be fertilized. If the length of the garden is 1 foot less than three ti
charle [14.2K]
Ok so I like to go in steps with these questions- first draw a picture and identify your variables.

W=width
L= 3w-1

Now we know that length times width gets us area so we plug in our variables into the area equation.

200 = w(3w-1)

When you foil that equation you end up with a quadratic : 3w^2-w-200 = 0

Either factor that or use the quadratic formula to get
w= 8.33 and w= -8

Since you can't have a negative dimension you need to use 8.33 and plug it back into your length equation.

Final answer:

w= 8.33ft
l= 23.99ft

*Now I simplified the decimals a little bit so you end up with 199.8ft^2 for the area so just add a few decimals on here and there*
5 0
3 years ago
Read 2 more answers
In one school, half of all students who like math like science as well. Also, in that school, a third of all students who like s
Nimfa-mama [501]

Answer:

2/3

Step-by-step explanation:

If we have 'x' students who like math and 'y' students that like science, we can formulate that:

Half of x likes math and science, and also one third of y likes math and science, so:

(1/2) * x = (1/3) * y

x / y = (1/3) / (1/2)

x / y = (1/3) * 2 = 2/3

So the ratio of the number of students who like math to the number of students who like science is 2/3

3 0
4 years ago
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Consider the following quadratic equation x^2 =4x -5. How many solutions does it have?
aleksandrvk [35]
The answer for your question is C.
5 0
3 years ago
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erastovalidia [21]

Answer:

1. KLP + PLM = 180 degrees (straight line)

2. 3x + angle PLM = 180 degrees

3. angle PLM = 180 - 3x

4. PMN = P + PLM (Exterior angle)

5. 2x + 72 = x + 180 - 3x

6. x = 27

Step-by-step explanation:

1. Notice that angle KLP + angle PLM is a straight line, so KLP + PLM = 180 degrees (straight line)

2. angle KLP = 3x, so

3x + angle PLM = 180 degrees

3. angle PLM = 180 - 3x

4. PMN = P + PLM (Exterior angle)

5. 2x + 72 = x + 180 - 3x

6. 5 gives 4x = 108, so x = 27

6 0
3 years ago
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A geometric sequence is defined by the explicit formula an = 3(-5)n-1. What is the recursive formula for the nth term of this se
bazaltina [42]
The first term(a1) is 3
The second term (a2) is obtained by multiplying 3*(-5)
The third term A3 by multiplying 3 * -5 -5 = a2 times -5
Than you go on and one with that
But your answer is
A1=3;an+1=an(-5)
5 0
3 years ago
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