Yes, that is correct because if you want to reduce it you divide 8 by 2 and 10 by 2 and you get 4/5
The amount I would receive for the bond when I sell it at the yield to maturity is $810.41.
<h3>How much would I receive for the bond?</h3>
In order to determine the amount I would receive for the bond, the present value of the bond has to be determined. Present value is the discounted cash flow.
Present value = $10000 / (1.0619)^3.5 = $810.41
To learn more about present value, please check: brainly.com/question/26537392
Mr. Rowley has 16 homework papers to 14 exit tickets; Ms. Rivera has 64 homework papers to 60 exit tickets. No, the ratios are not equivalent because Mr. Rowley’s unit rate is 8/7, or approximately 1.14, and Ms. Rivera’s unit rate is 16/15, or approximately 1.07
