Answer:
C) 9.86%
Step-by-step explanation:
Given that:
Par value of the bond = $1000
Coupon rate = 5.25%
Years of maturity = 9
years to call = 3
price to call = 115% * 1000 = 1150
YTM of the bond = 0.0532
Using Excel formula:
The current price of the bond = P-V(0.0532/2, 9*2, 0.0525*1000/2, 1000)
= $995.04
The yield to call = 2 * RATE( 3*2, 0.0525*1000/2, 995.04, 1150)
The yield to calll = 9.86%
<span> I believe a is going to be a circle</span>
This picture should help, i graphed it for you! : )
No not all diagonal lines are lines of symmetry! Because if you take a piece of notebook paper and fold it in half the side do not match up! hope this helps :)
Hi there! The anser is 4
First we need to find the value between the stripes. Hence, we need to subtract 15 from 9. Then we get 9 - 15 = - 4. Finally we have to realise that the absolute value stripes make the value insides those stripes positive. So, we get the following:
I 9 - 15 I = I - 4 I = 4
