<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:
1 1/+6
Step-by-step explanation:
9/16 + 8/16=17/16=1 1/16
yes.
this is division. 36 divided by 12 is 3. 63 divided by 21 is 3.
Answer:
inverse operations (KristaKingMath)
Answer:
x=5x66=300
Step-by-step explanation: