Answer:
Current yield = 5.46%
Step-by-step explanation:
Current yield is calculated by dividing the annual income (coupon) on the bond divided by the current price of the bond
Current yield = Annual coupon / Current price
In this case,
Face value or Par value = $7,600
Price of the bond = $7,373 (shows it is a discount bond since the price < FV)
Coupon rate = 5.30%
Next, calculate the Coupon payment in dollars;
Annual coupon PMT = Coupon rate * Face value
Annual coupon PMT = 0.053 * 7,600 = $402.8
Therefore, Current Yield = 402.8 / 7,373 = 0.05463
Current yield = 5.46%
Answer:
if you can elaborate on this i could help you i think i somewhat understand what your trying to ask in this question
Step-by-step explanation: can you elaborate
Answer:

Step-by-step explanation:

Hope this helps!
X = -7 y=-7 + 7
x = -5 1/2 y=-2(-5 1/2) - 11
Answer: y²z⁴ / x¹²
Explanation:
1) Given expression to simplify:

2) Property: power of power:

3) Property: product of powers with the same base

4) Add the exponents

5) Pass the negative power to the denominator:

The exponent on x is 12. The exponent on y is 2. The exponent on z is 4.