The value of the digit 4 is worth 4,000 in the number 84,230.
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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25 - 7 = 18 |
18 - 3 = 15
The school received 15 kits in the box.
The reason why is because there are 3 kits that they haven't received yet. Then there were 7 that they already had, so that means there are 10 kits that wont be included in the box.