Answer:
Step-by-step explanation:
Given
Required
Solve for x
Since B is in between both points, then:
This gives
Divide by 3
The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
Learn more about percentage discount here:
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Answer:
Pretty sure it's 27
Step-by-step explanation:
(2 4= 8) + 3 (4 4= 16)=27
Answer:
3 times greater
Step-by-step explanation:
6.7 x 10 to the 6 = 6700000
2x 10 to the 7 = 20000000
20000000/6700000 = 2.98507462687
Rounded - 3
