Answer:
b. 7.28%
Explanation:
This question is asking for the yield to maturity(YTM) of the bond. You can solve this using a financial calculator with the inputs below. Additionally, adjust the coupon payment(PMT) and time to maturity(N) to semiannual basis.
Time to maturity; N = 5*2 = 10
Face value; FV = 1000
Price of bond; PV = -1071
Semiannual coupon payment; PMT = (9%/2) *1000 = 45
then compute semiannual interest rate; CPT I/Y = 3.64%
Next, convert the semiannual rate to annual rate(YTM) = 3.64% *2
YTM = 7.28%
Studying. Never stop studying, going over your work twice, and double checking.
Answer:
Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.
Explanation:
Answer:
an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.
Explanation:
HAHAHA
Answer:
13% did not experience problems with online transactions.
Explanation:
Giving the following information:
According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.
What percentage of people did not experience problems with an online transaction?
In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.
So, if 87% have problems, that means that 13% didn't.
