Step-by-step explanation:
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solved by a system of equations in two variables.
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:
Range: [-7, 8]
General Formulas and Concepts:
<u>Algebra I</u>
- Reading a coordinate plane
- Range is the set of y-values that are outputted by function f(x)
- Interval Notation: [Brackets] denote inclusion, (Parenthesis) denote exclusion
Step-by-step explanation:
According to the graph, our y-values span from -7 to 8. Since both are closed dot, they are included in the range:
Range: [-7, 8]
