The severity of an electrical shock is dependant upon :
- Amperage : How strong the electrical shock that you exposed to
- Duration of the exposure : The longer the duration, the more dangerous it is for your body
- The pathway of electricity to your body : The closer to the important area of your body such as brain or heart, the more dangerous it is
Answer: 7.5%
Explanation:
Given the following :
Coupon rate = 7.5% semi-annually = 0.0375
Coupon or interest payment per period = $37.5
Period (n)= 6.5 years * 2 = 13
Face value(f) = $1000
Price of bond = face value = $1000
Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]
Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]
Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]
= 37.5 / 1000 = 0.0375 = 3.75%
Yield to maturity = 2 × Semiannual yield to maturity
Yield to maturity = 2 × 3.75% = 7.5%
Answer:
$12,556.37
Explanation:
Calculation to determine What is the future value
Using this formula
Future value = PV(1 + r)^n
Let plug in the formula
Future value = $3,100[1 + (.084/2)]^17(2)
Future value = $12,556.37
Therefore the future value is $12,556.37