Answer:
Current yield = 5.46%
Step-by-step explanation:
Current yield is calculated by dividing the annual income (coupon) on the bond divided by the current price of the bond
Current yield = Annual coupon / Current price
In this case,
Face value or Par value = $7,600
Price of the bond = $7,373 (shows it is a discount bond since the price < FV)
Coupon rate = 5.30%
Next, calculate the Coupon payment in dollars;
Annual coupon PMT = Coupon rate * Face value
Annual coupon PMT = 0.053 * 7,600 = $402.8
Therefore, Current Yield = 402.8 / 7,373 = 0.05463
Current yield = 5.46%
Step-by-step explanation:
Hey there!
The equation, of a st. line that passes through point (5,9) is,
Put the values,
It is 1st equation.
Now, another equation is,
y = 3x-1.........(ii)
Comparing the equation with y = mx+c.
Slope (m2)= 3
As per the parallel lines,
m1=m2=3
Putting,
the value of m1 in equation(i)
(y-9)= 3(x-5)
y-9= 3x - 15
y = 3x - 6.
So, Krista equation is correct.
<em><u>Hope</u></em><em><u> </u></em><em><u>it helps</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em>
Answer:
d. Yes, there appears to be a linear trend, but the fit is not exact.
Step-by-step explanation:
12.0014 teacher helped me to make sure it was right
8.625 is the correct answer.
