A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is t
1 answer:
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
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Answer:
L=1 ft and B=84 ft
L=2 ft and B=42 ft
L=4ft and B=21ft
L=6ft and B=14 ft
L=7ft and B=12ft
L=12 ft and B=7ft
L=14ft and B=6 ft
L=21 ft and B=4 ft
L=42 ft and B=2 ft
L=84 ft and B=1 ft
Step-by-step explanation:
We are given that
Area of rectangular floor=84 square feet
We have to find the possible length and width of for Angelo's clubhouse.
Area of rectangle=
Using the formula
Area of rectangular floor for clubhouse=84 square feet
Factor of 84 are
1,2,4,6,7,12,14,21,42,84
Therefore, possible dimension of rectangular floor
L=1 ft and B=84 ft
L=2 ft and B=42 ft
L=4ft and B=21ft
L=6ft and B=14 ft
L=7ft and B=12ft
L=12 ft and B=7ft
L=14ft and B=6 ft
L=21 ft and B=4 ft
L=42 ft and B=2 ft
L=84 ft and B=1 ft