Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
m= -7
Step-by-step explanation:
using the slope formula, plug in the variables and solve
m=rise/run
m=y2-y1 / x2-x1
(x1, y1) = coordinates of first point in the line
(x2, y2) = coordinates of second point in the line
Answer:
1
Step-by-step explanation:
therefore the slope is 1
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Answer:
-2948
Step-by-step explanation:
the only fraction it can be is -2948/1 but it is the same thing as the answer itself