Answer:
7
Step-by-step explanation:
because I am smart and cause im smart
Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
Can someone please help me answer this my grade depends on it!
a. 3 gallons 1 cup
b. 15 cups
Answer:
The slope is 0
Step-by-step explanation:
y_2 - y_1 / x_2 - x_1
19-19 / 8-(-6)
0 / 8+6
0/14
0
Answer:
<em>5 footballs were sold for every 2 basketballs sold.</em>
Step-by-step explanation:
2.5 times as many football as basketball was sold last year
This can be represented as
1 basket ball sold = 2.5 footballs sold
for every 2 basketball sold, number of football sold = 2.5 x 2 = <em>5 footballs</em>
