Answer:
12.
Step-by-step explanation:
1. -3x and -6x
2. 21 and -13
3. 21 and -13
4. -10b and 6b, 15 and -5
5. -20 and 30, 4c and -2c
3= -14/3
that's all i got besides the fact that the given statement is false .
1. 3
2. -9
3. negative, loss was -6
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<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= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24
