Answer:
current yield of bond = 5.90%
The coupon rate = 6.00%
Explanation:
Given :
Years to maturity = 3.5 years
Face value = 1000
Bond selling price = $1016.36
Yield to maturity = 5.48% with interest compounded semiannually
Using a financial calculator :
The current yield of bond = 5.90%
The coupon rate = 6.00%
Moby d*ck hope this helps
Answer: 3
Explanation:
In the next illustration, each symbol ("-" and "|") represent the blocks from the example provided.
Paco - - - Mike
| |
| |
| |
| David |
Ed | |
| |
| |
Tony - Ramil
According to this layout, to go to David´s house from Ed´s, Ed should walk 1 block to the north and two blocks to the east. On the other hand, to go to Ed´s house from Davids´s, David should walk 1 block to the south and two blocks to the west, meaning that they live 3 blocks apart.