D and H are corresponding
G and C are corresponding
E and A are corresponding
B and F are corresponding
Solution :
2a + 2b = 7 ...1)
4a + 3b = 12 ...2)
In equation, 1)
a = (7 - 2b)/2 ...3)
Putting value of a in equation 2) we get :
4 × (7 - 2b)/2 + 3b = 12
2( 7 - 2b ) + 3b = 12
14 - 4b + 3b = 12
b = 2
Putting value of b in 3) we get :
a = ( 7 - 2×2)/2
a = 3/2 = 1.5
Now,
2x - 3y = 16 ...5)
x + 2y = -6 ...6)
x = -6 - 2y
Putting above value of x in eq 5) , we get :
2( -6 - 2y ) - 3y = 16
-12 - 4y - 3y = 16
7y = -28
y = -4
x = -6 - ( 2× -4 )
x = 2
Hence, this is the required solution.
<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%
I need a picture of the figures to help with this!
Ive done the math and its 7.75