Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons
Answer:
7
Step-by-step explanation:
no explanation needed the answer is in the question
Ok so if I understand this correctly then you have to find out what each one of them are then add them to get the total number of both of them. So this is the equation I did. The one circled on blue is the formula I made for the equation and then the green one is the answer. which is 5 4/9
I hope this helps.
Answer:
= -42a⁶
Step-by-step explanation:
-7a⁵. 6a = -7a⁵ × 6a
Therefore;
We multiply; -7 × 6 = -42
then; a⁵ × a = a⁶
Thus; we have -42 a⁶
Hence; <u>-7a⁵ × 6a = -42 a⁶</u>
