<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
= 
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
The standard issue license plates that can be produced if there are no restrictions on the letters and numbers = 175760000
Step-by-step explanation:
If there are no restrictions, all numbers and letters are available to be used then. And with no restrictions, every number or letter can appear more than once.
There are 7 spaces available; 3 spaces for letters, 4 spaces for numbers
The different combination of letters and numbers then becomes,
26 × 26 × 26 × 10 × 10 × 10 × 10
This is because, all 26 letters (A to Z) can occupy the first space, the second space and the third space. And all 10 digits (0 to 9) can occupy the fourth space, the fifth space, the sixth space and the seventh space.
So, the standard issue license plates that can be produced if there are no restrictions on the letters and numbers = 26 × 26 × 26 × 10 × 10 × 10 × 10 = 175760000 different standard issue license plates.
We let y equal to the elevation above sea level so that the elevation of the rock climber after x minutes of climbing would be:
y = 2x + 50
His initial height can be calculated when x is equal to zero it is when the climber is not yet climbing. Therefore, the rock climber'sinitial height above sea level would be 50 meters.
Answer:
2 % amount = 12000 7% amount = 1000 dollars
Step-by-step explanation:
x = 2% amount
then 13 000 - x = 7% amount
.02x + .07 (13000-x) = 310
-.05x + 910 = 310
.05x = 600
x = 600/.05 = 12000 then the 7% amount is 1000
8% of 552 is 44.16. Look at the percent sign as a decimal and move it two places to the left, that'll give you 0.08. To find 8% of 552, look at it as 0.08 multiplied by 552. After you multiply you should get 44.16.
