The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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Answer:
A
Step-by-step explanation:
if you subtract 54 from 180 you would get 126
5/6 of a yard divided by 5 is 1/6 of a yard.
Each piece is 1/6 yards long.
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Subtract sides 3
Multiply sides by 6
Subtract sides 4x
Negatives simplifies
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CHECK :
Thus the solution is correct .
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To divide any fraction:1. Multiply the number by the reciprocal of the fraction.2. Simplify the resulting fraction if possible.3. Check your answer: Multiply the result you got by the divisor and be sure it equals the original dividend.