S is the set of prime numbers that are less than 15. The correct solution in roster form is {1,3,5,7,9,11,13}. The answer is letter C. The rest of the choices do not answer the question above.
Answer:
Bond Price= $108,175.71
Step-by-step explanation:
Giving the following information:
Face value= $100,000
Coupon rate= 0.05/2= 0.025
YTM= 0.04/2= 0.02
Time period= 10*2= 20 semesters
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 2,500*{[1 - (1.02^-20)] / 0.02} + [100,000/(1.02^20)]
Bond Price= 40,878.58 + 67,297.13
Bond Price= $108,175.71
Answer:
1.30 , 3.01 , 3.31 , 10.03
Step-by-step explanation:
1.30 is the lowest number , 1.30 is the second lowest number , 3.31 is the second highest number 10.03 is the highest number
