Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
The Formula to find the Area of a circle using the radius is:
r = 8
So:
And you get about 201.06193
So, the area of a circle with a radius of 8 is about 201.06
Hope this Helps :)
Answer:
it gives you the formula, so all you have to do is plug in the coordinates
Step-by-step explanation:
Answer:
540.6 mi
Step-by-step explanation:
The angle of depression = angle of elevation = 6°
Let x = the distance to the runway.
tan 6 = 30000/x
xtan 6 = 30000
x = 30000/tan 6 =285430.9 ft
285430.9336.../5280 = 540.6 mi
Answer:
z=28
Step-by-step explanation:
10z-10=9z+18
-9z -9z
z-10=18
+10 +10
z=28
