Answer:
current market price of the bond is $958.73
Step-by-step explanation:
given data
coupon rate = 5.74 percent
yield to maturity = 6.1 percent
bond matures = 20 years
future value = $1,000
solution
we get here PMT that is
PMT = 1,000 × 5.74% ÷ 2 ...............1
PMT = $28.70
and Number of Periods is
NPER = 20 years × 2 = 40 semi-annual periods
and here Rate of interest will be = 6.1% ÷ 2 = 3.05%
and we use here formula that is
= -PV(Rate;NPER;PMT;FV;type)
so we get
current market price of the bond is $958.73
Answer:
second option, it represents the y-intercept before the rocket is propelled
Step-by-step explanation:
Answer:
11
Step-by-step explanation:
3/7*14=6
5/8*8=5
6+5=11
Take the price of the cheese stick then divide that by the old price. you will get a decimal. New divided by old. You should have some decimal that is 1.something. If its a percent increase of 64 percent you'd have 1.64 as the decimal. good luck.
Answer:
d = 6
Step-by-step explanation:
3(2d-8)=11d-18(d-3)
6d - 24 = 11d -18d +54
6d-11d+18d = 24+54
13d = 78
d = 6
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