Answer:
Current Bond price = $1155.5116
Step-by-step explanation:
We are given;
Face value; F = $1,000
Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)
Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)
Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)
Formula for bond price is;
Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]
Plugging in the relevant values, we have;
Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]
Bond price = (36.5 × 18.2954) + (487.7295)
Bond price = $1155.5116
Answer:
t =log(20) / 0.3 = 10*log(20) / log(1,000) - years - when the tree will have 100 branches.
Step-by-step explanation:
100 = 5 * 10^(0.3t), solve for t
Divide both sides by 5:
20 =10^(0.3t)
Take the log of both sides:
0.3t =log(20)
Divide both sides by 0.3:
Multiply the RHS by 10 / 10
t =log(20) / 0.3 = 10*log(20) / log(1,000) - years - when the tree will have 100 branches.
Answer: They're capitals of cities.
Step-by-step explanation:
You could continue the set with Madrid, Bucharest, Sofia, Luxembourg, Berlin, Rome, Athens... and so on.
Answer:
3/2
Step-by-step explanation:
Okay, I can represent this equation as rise over run
the coordinates 4,6 are subcoordinates 1
y: 6 - 3 = 3
x: 4 - 2 = 2
Since it is RISE over run then Y is the numerator and X is the denominator.
So the slope is 3/2.
