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:
yes the statement is true
Step-by-step explanation:
if you plug in 1^2 you are just multiplying 1 by its self
Point slope form, y-y1 = m(x-x1)
Here, y1 = -1, x1 = 4, m=8
so, it would be: (y+1) = 8(x-4)
I don't think parallelograms have symmetry
Answer:
Domain: input values, independent variables
Range: output vales, dependent variables
Step-by-step explanation:
Think of it like a graph: the domain are the x-values and the range is the y-values. if you're doing a problem with time, the time will go on the x-axis and cannot be influenced by the y-values, but the y-vales are depending on what the x-values are (independent/dependent). for the input/output, usually when solving equations on a graph, you plug in the x-value and find the y-value. you're INPUTTING the x-value to receive the OUPUT.
