Simplify answer is 6x + 21
Answer:
829
Step-by-step explanation:
Data provided in the question:
margin of error of E = $4
Confidence level = 90%
Standard deviation = $70
Now,
Sample size, n=
for 90% confidence level, z value = 1.645 [from standard z-table]
Therefore,
n =
= 28.7875²
= 828.72 ≈ 829
Hence,
The correct answer is option (D) 829
Answer:
11
Step-by-step explanation:
Yep
Since you're paying 5% more than par value for the bond, you might expect the yield to be the nominal yield (7.5%) divided by that premium:
... 7.5% / 1.05 = 7.14%
_____
However, the internal rate of return for an outlay of 1050 and an income stream of 75×6 with 1000 added to the last coupon is 6.47%.
We believe the correct choice is not among those offered.