Y= mx+b is the formula for writing and equation for slope.
M= slope
B= y-intercept
You replace the m and b with the info given to you in the problem.
Answer: y = -3/4x -6
Answer:
$125
Step-by-step explanation:
Since there are 12 months in a year, divide the total bill by the total number of months.
1500/12 = $125
<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
=
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
7 zeroes
Step-by-step explanation:
I HOPE it will help you