Answer:
current market price of the bond is $958.73
Step-by-step explanation:
given data
coupon rate = 5.74 percent
yield to maturity = 6.1 percent
bond matures = 20 years
future value = $1,000
solution
we get here PMT that is
PMT = 1,000 × 5.74% ÷ 2 ...............1
PMT = $28.70
and Number of Periods is
NPER = 20 years × 2 = 40 semi-annual periods
and here Rate of interest will be = 6.1% ÷ 2 = 3.05%
and we use here formula that is
= -PV(Rate;NPER;PMT;FV;type)
so we get
current market price of the bond is $958.73
19.698 feet of cable would be needed, this would round up to 20 feet total.
Answer:
.55 or 11/20
Step-by-step explanation:
multiply 2 3/4 by 1/5 to get the pounds of apples Sage uses.
Answer:
ax2 + bx + c = 0.
Step-by-step explanation:
Answer: 40°
Step-by-step explanation: The formula for calculating the size of an exterior angle is: exterior angle of a polygon = 360 ÷ number of sides. So it's 360°÷9=40°
