Answer:
The yield is 5.974%
Step-by-step explanation:
We proceed as follows ;
coupon rate = Annual coupon payment/bond face value.
The face value is the original amount which the bond was bought and that is $515 according to the question. While the coupon rate is 5.8%
mathematically, annual coupon payment = coupon rate * bond face value = 0.058 * 515 = $29.87
mathematically;
current yield = Annual coupon payment/bond price
current yield = 29.87/500
= 0.05974 or simply 5.974%
so the answer is c. 5.6%
Step-by-step explanation:
Answer:
reflection...................
<h2>Answer:</h2>
<h2>Explanations:</h2>
Given the function
Get g(8) by substituting x = 8 into the function;
Get g(-5) by substituting x = -5 into the function
Take the difference in the result to have;
Hence the difference between the given functions is 39
