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
Answer:
174,862,593
Step-by-step explanation:
I just added them all together
area of rectangle = l×b
So, area of drawing = l×b = 8cm×4cm = 32cm²
He multiplied rather than dividing.
Hope this helps!
Answer:
532m squared is the answer
Step-by-step explanation:
Split the shape into two shapes
one will be a square and the other one a triangle
1) since the length and the width of the square is 18m just Multiply
18x18=324m squared
2) look carefully the width of the square you split is equal to the base of the triangle, so you connect the 18 and the 8 together.
18+8=26m squared
3) Now solve the triangle since you know the height which is 16m squared.
A=lw/2
26x16=416
416 divided by 2 is 208
4) finally just Add
208+324=532m squared
Hopes this helps!
