Answer:
current yield of bond = 5.90%
The coupon rate = 6.00%
Explanation:
Given :
Years to maturity = 3.5 years
Face value = 1000
Bond selling price = $1016.36
Yield to maturity = 5.48% with interest compounded semiannually
Using a financial calculator :
The current yield of bond = 5.90%
The coupon rate = 6.00%
Y - 4x ≤ -6y - 4x ≤ -6
We add 6y and 4x to each equality
7y ≤ 0 ≤ 6y + 4x -6
Observing:
7y ≤ 0, we see that the values of y can be only negative or 0, not positive.
So we are left with (-2,-14) (-1,-9) (0,-5)
We check the second equality:
6y + 4x - 6 ≥ 0 for these 3
None of the inequalities satisfy the given expressions simultaneously.
I think it was c but I'm not 100% sure its been years since ive read the book
The general name for the medium through which a message is transmitted is:
- <u>Communication Channel</u>
A message is the information which a sender uses a medium to communicate with the receiver about a particular thing.
The key elements of communication are:
- A sender
- A receiver
- A medium
These elements are necessary for a person that wants to send a message to communicate effectively. This ensures that the receiver is able to give a feedback if he wants to.
Communication channels are those mediums through which a message can be sent and delivered.
Therefore, the correct answer is communication channel
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