Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
15
Step-by-step explanation:
<span>Traveled Downstream a distance of 33 Mi and then came right back. If the speed of the current was 12 mph and the total trip took 3 hours and 40 minutes.
Let S = boat speed in still water then (s + 12) = downstream speed (s -12) = upstream speed
Given Time = 3 hours 40 minutes = 220 minutes = (220/60) h = (11/3) h Time = Distance/Speed
33/(s +12) + 33/(s-12) = 11/3 3{33(s-12) + 33(s +12)} = 11(s+12) (s -12) 99(s -12 + s + 12) = 11(</span> s^{2} + 12 s -12 s -144) 99(2 s) = 11(s^{2} -144) 198 s/11 = (s^{2} -144) 18 s = (s^{2} -144) (s^{2} - 18 s - 144) = 0 s^{2} - 24 s + 6 s -144 =0 s(s- 24) + 6(s -24) =0 (s -24) (s + 6) = 0 s -24 = 0, s + 6 =0 s = 24, s = -6 Answer) s = 24 mph is the average speed of the boat relative to the water.
Answer:
His family ate 8 sugar cookies.
16 sugar cookies are left.
Step-by-step explanation:
- His family ate 1/3 <em>of </em>the 24 sugar cookies: 1/3 x 24= 8
- How many are left: 24-8=16
