If ur solving for x, the answers are 12 and -2
KJ^2=6^2+3^2
KJ=the square root of 36+9
KJ=square root of 45
kJ= 3 times the square root of 5
The answer is D
Yield is given by:
current yield=(annual cash flow)/(market price)
annual cashflow(coupon)= 2.9/100×4750=137.75
market price of the bond= $3940
thus the yield will be given by:
137.75/3940
=0.03496
