Answer:
we need more information
Step-by-step explanation:
Answer:
Step-by-step explanation:
Mean 0.7 and standard deviation 0.018
p = 0.07
n = 200
q = 1 - 0.07 which = 0.93
u = 0.07
o = (p * q) / n =
= 0.018
Answer:
$120
Step-by-step explanation:
Let the initial value of bond be $X
The future value of any bond is calculated by formula
FV= PV(1+r)^n
where
- FV is future value of bond
- PV is present value of bond
- r is the rate that at which value of bond appreciate
- n is the number of years of maturity
In the problem given
FV= $146
r = 4% = 0.04 (dividing 4 by 100 we get 0.04)
n = 5
substituting these value in formula

PV =$X = $120
Hence current value of bond is $120.
Answer:
JUST ANSWER THE QUESTION THE ANSWER IS 10,560
Step-by-step explanation:
Answer:
(pi) is irrational ...........