1/4-11/4. Simplify by combining like terms
For a $1000 face value purchased at a discount price of $925, if it pays 6% fixed interest for the duration of the bond is the yield on a corporate bond mathematically given as
Yield = 6.5%
What is the yield on a corporate bond?
Generally, the equation for the interest paid is mathematically given as
Interest paid = value of bond x Interest rate
Interest paid = 1000 * 6%
Interest paid = 60
Therefore
Yield = Interest paid / Price paid
Yield = (60 / 925)x 100
Yield = 6.5%
In conclusion, the yield on a corporate bond is
Yield = 6.5%
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Answer:
a = 5
Step-by-step explanation:
3(a - 4) + 1 = 9 - a Distribute the 3 into a-4
3a - 12 + 1 = 9 - a Combine like terms
[-12 and 1]
3a - 11 = 9 - a Add 11 to both sides to isolate 3a
+11 +11
3a = 20 - a Add a to remove it and have all a
+a +a
4a = 20 Divide by 4 to only have a
/4 /4
a = 5
Answer:
The answer is D infinitely many
Step-by-step explanation:
Answer:
25%
Step-by-step:
Convert fraction (ratio) 15 / 60 Answer: 25%
