Answer:4
Step-by-step explanation:
A zero-coupon bond doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.
To figure the price you should pay for a zero-coupon bond, you'll follow these steps:
Divide your required rate of return by 100 to convert it to a decimal.
Add 1 to the required rate of return as a decimal.
Raise the result to the power of the number of years until the bond matures.
Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.
First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.
I’m not sure, hope this helped
The correct answer is C. 2y = 22
Answer:
A. I only
I. y>2x
Step-by-step explanation:
I. y>2x
He sold x bicycles last week and y bicycles this week, this week, he earned more than twice as much as he did last week. Therefore more than twice means greater than 2 x or
y>2x
II. y>x This is not true because y could be greater than x and less than twice of x (2x)
III. y>3 This is also not true because the least he would be earning would be $ 20 and he could get earn greater than 3 and less than $ 20 which would again be contradictory to the given statement
Answer:
<h2>x = 8</h2>
Step-by-step explanation:
