Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
Option (c) is correct according to me I think it’s helpful
Answer: find the answer in the explanation.
Step-by-step explanation:
To use the Pythagorean theorem to prove if a triangle with the side lengths 7,14,28 is a right triangle, you will square 7 and add it to the square of 14. The square root of the sum will be equal to 28 if it is a right angle triangle. Otherwise, it is not.
(7^2 + 14^2) = 49 + 196
245
Find the square root of 245
Square root = 15.65
Since it is not 24, the triangle is not a right angle triangle.
Answer:
8^2+x + 2^ 3x = 32^ 1/2
2^3(2+x) + 2^3x = 2^5^1/2
All two's will cancel out
3(2+x) + 3x = 5^1/2
6+3x + 3x = 5^1/2
6 +6x = 2.23
6x = 2.23 - 6
6x = -3.77
x = -3.77÷ 6
x = -0.63
Answer: 240
Step-by-step explanation:
Distribute all numbers
24 - 6(-21)
24 - (-126)
24+216
240
