Answer:
y=5/2
Step-by-step explanation:
The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
Learn more about percentage discount here:
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Answer:
an = (1 + 2·(n - 1))/2^(n - 1) = 2^(1 - n)·(2·n - 1)
sn = 6 - 2·0.5^n·(2·n + 3)
