The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
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Answer:
This could be wrong, but i still wanted to help you.
Step-by-step explanation:
9-3x=y
+9 +9
3x=y
÷3 ÷3
x=y/3
Im sorry if this is wrong
To find<span> the </span>cube root of a number<span>, you want to </span>find <span>some </span>number<span> that when multiplied by itself twice gives you the original </span>number<span>. In other words, to </span>find <span>the </span>cube root<span> of 8, you want to </span>find<span> the </span>number<span> that when multiplied by itself twice gives you 8. The </span>cube root<span> of 8, then, is 2, because 2 × 2 × 2 = 8.</span>
