Answer:
The required answer as a product with a whole number greater than 1 will be:
Step-by-step explanation:
Given the expression
Determining the factor
so the expression becomes
Factor out the common term 3
Therefore, the required answer as a product with a whole number greater than 1 will be:
Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
Answer:
0.0816
Step-by-step explanation:
The percentage increase in staff was 60.6%.
Answer:
f(5) = 11 and 1/3, or approx. 11.33
Step-by-step explanation:
We can divide away x in 4x/3x:
To calculate f(5), we substitute x with 5:
Answer: 11 and 1/3, or approx. 11.33
