Answer:
b or c
Step-by-step explanation:
384 step by step explanation:
Answer:
The steps are to first find the samllest multiple for the denominator and then cross multiply the numerator with the other denominator nd these you go.
Example : number one is 3/20. LEARN
Step-by-step explanation:
Okay fractions are EEEZZZ
Between the median and the number before it and everything in front of it is the lower quartile
Answer:
The semi-annually compounded nominal rate at that time is 7%
Step-by-step explanation:
In order to calculate the semi-annually compounded nominal rate at that time we would have use the following formula:
PV= FV/(1+r)^n
According to the given data we have the following:
PV=$167
FV=$1,000
n=30-year, and strip bond was traded four years after it was issued, hence, n=(30-4)*2 =52
Therefore, 167= $1,000/( 1+r)^52
167/$1,000 =1/(1+r)^52
0.167 =1/(1+r)^52
r =3.50%
Therefore, The semi-annually compounded nominal rate at that time=3.50%*2
The semi-annually compounded nominal rate at that time=7%
The semi-annually compounded nominal rate at that time is 7%
