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Brilliant_brown [7]
3 years ago
11

Express the following rate as a unit rate. If necessary, round your answer to the nearest tenth. You would enter an answer like

13.8 feet/second with 13.8 in the first box and the units feet and second in the following boxes.
RATE: 14 inches for 16 hours
Mathematics
2 answers:
Kay [80]3 years ago
8 0
69 seconds

BTW WE HAVE THE SAME LAST NAME LOL
Nutka1998 [239]3 years ago
8 0
69 seconds haha nice
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Answer:4

Step-by-step explanation:

A zero-coupon bond  doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.

To figure the price you should pay for a zero-coupon bond, you'll follow these steps:

Divide your required rate of return by 100 to convert it to a decimal.

Add 1 to the required rate of return as a decimal.

Raise the result to the power of the number of years until the bond matures.

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First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.

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