A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is the bond offering? Assume interest payments are paid semi-annually, and solve using semi-annual compounding. Par value is $1000.
Answers
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
Related Questions
Hattie is making fruit baskets, which include apples and bananas, to send to some of her real estate clients. She wants each basket to have at least 12 pieces of fruit, but the fruit should weigh no more than 80 ounces total. On average, each apple weighs 5 ounces, and each banana weighs 7 ounces.
Which system of inequalities can be used to determine the number of apples, x, and bananas, y, that Hattie should include in each basket?
Answers
Answer:
10 apples and 4 bananas
Step-by-step explanation:
x + y> 12. 5 x + 7y <80
Answer:
Step-by-step explanation:
Solve 4x+34 help please
Answers
9514 1404 393
Answer:
78
Step-by-step explanation:
The base (JL) is twice the length of the midline (MN), so you have ...
4x +34 = 2(5x -16)
4x +34 = 10x -32 . . . eliminate parentheses
66 = 6x . . . . . . . . add 32-4x
11 = x
Then the length of JL is ...
4(11) +34 = 78
I don’t understand please help
Answers
A function is represented by the graph.
Complete the statement by selecting from the drop-down menu.
The y-intercept of the function y=3x+2 is
Choose... (less than, Greater than, Equal to)
the y-intercept of the function represented in the graph.
Answers
Answer:
it is equal to
Step-by-step explanation:
took test
Answer:
equal to
Step-by-step explanation:
Given the points P(2, –6) and R(8, 3), what is the component form of Vector PR?
- ⟨6, -3⟩
- ⟨10, -3⟩
- ⟨6, 9⟩
- ⟨10, 9⟩
Answers
Answer:
the third one
Step-by-step explanation:
jsut took it
Answer:
It’s C
Step-by-step explanation:
How many even numbers are between 1 and 30. My head hurts thanks
Answers
Answer:
15
Step-by-step explanation:
2
4
6
8
10
there are 5 between 1-10
so 3*5=15 between 1-30
Answer:
15
Step-by-step explanation:
my head hurts too
6th grade math proportionally
Answers
Answer:
9.
Step-by-step explanation:
Martina spent $24 on fruit at the grocery store. She spent a total of $80 at the store. What percentage of the total did she spend on fruit?
Answers
Answer: 30%
Step-by-step explanation:
She spent $24 dollars out of the total money she had which was $80. The 24 represents the portion of the money that was spent on fruits. So therefore to find the percentage for put the portion used ($24) divided by the the total ($80) multiplied by a hundred to get the 30%.
If i=sqr-1, what is the value of i^3?
-1
i
1
-i
Answers
Answer:
After solving we get [tex]\mathbf{i^3=-i}[/tex]
Option D is correct.
Step-by-step explanation:
We are given:
If [tex]i=\sqrt{-1}[/tex] we need to find the value of [tex]i^3[/tex]
Solving:
[tex]i=\sqrt{-1}[/tex]
Taking cube on both sides
[tex]i^3=(\sqrt{-1})^3\\[/tex]
We can write [tex]a^3= a^2.a^1[/tex] Using this for solving:
[tex]i^3=(\sqrt{-1})^2.(\sqrt{-1})\\We \ know \ (\sqrt{-1})^2 =- 1 \ and \ \sqrt{-1}=1 \\i^3=-1(i)\\i^3=-i[/tex]
So, after solving we get [tex]\mathbf{i^3=-i}[/tex]
Option D is correct.
Find a Point-Slope equation for a line containing the given point and having the given slope.
(5, -1), m =1/5
Answers
Answer:
The point-slope equation for a line is:
[tex]y-\left(-1\right)=\frac{1}{5}\left(x-5\right)[/tex]
Step-by-step explanation:
Given
The point = (5, -1)m = 1/5We know that the point-slope form is
[tex]y-y_1=m\left(x-x_1\right)[/tex]
where m is the slope of the line
substituting the values m = 1/5 and the point (5, -1)
[tex]y-y_1=m\left(x-x_1\right)[/tex]
[tex]y-\left(-1\right)=\frac{1}{5}\left(x-5\right)[/tex]
Thus, the point-slope equation for a line is:
[tex]y-\left(-1\right)=\frac{1}{5}\left(x-5\right)[/tex]
Look at points C and D on the graph: HOW U PUT A PHOTO :=)
A coordinate plane graph is shown. Point C is at 1 comma 3. Point D is at 4 comma negative 3. A segment connects the two points.
What is the distance (in units) between points C and D? Round your answer to the nearest hundredth.
1. 3.01 units.
2. 5.20 units.
3. 6.50 units.
4. 6.71 units.
Answers
Answer:
6.71
Step-by-step explanation:
If you want to put picture i would recommend using your phone to do it. :]
Answer: its 6.71
Step-by-step explanation:
What is the domain of the graph?
Answers
Answer:
domain refers to the set of possible input values, the domain of a graph consists of all the input values shown on the x-axis. The range is the set of possible output values, which are shown on the y-axis
Hope this helps you!
What is the 15th term of the sequence an =
-3n+50
D. 95
Answers
Answer:
= 105
Step-by-step explanation:
Answer:
here ya go
Step-by-step explanation:
a
9
=
105 I think
Divide.
8.43) 12.645
The quotient is
Answers
Answer:
1.5 or 3/2
Step-by-step explanation:
The division results the quotient is 1.5
What is Division?The division is one of the four basic mathematical operations, the other three being addition, subtraction, and multiplication. In simple words, division can be defined as the splitting of a large group into smaller groups such that every group will have an equal number of items.
Given:
We have to divide 12.645 by 8.43
So, 12.645/8.43
= 12645/ 8430
= 8430 | 12645 | 1 . 5
8430
-______
42150
42150
_______
0
Hence, the quotient is 1.5.
Learn more about division here:
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what is the product for 1.2×3.5 what is the product of 1.2 times 3.5
Answers
The answer to this problem is .
which of the following is an equivalent rate to running 5.4 miles in 43.2 minutes?
Answers
Answer:
3 miles in 24 minutes
Step-by-step explanation:
Assuming normality, construct the requested confidence interval.
A sociologist is interested in the age at which a mother has her first child. A random sample of 20 recent births yielded an average maternal age to be 30 years with a standard deviation of 6.2 years.
Construct a 99% confidence interval for the mean age at which a mother has her first child.
Can I have some help with solving this problem with a TI84 calculator?
Answers
Answer:
The appropriate response is "(26.03, 33.97)".
Step-by-step explanation:
The given values are:
Average maternal age,
[tex]\bar{x} = 30[/tex]
Standard deviation,
s = 6.2
Random sample,
n = 20
Now,
The degree of freedom will be:
⇒ [tex]df=n-1[/tex]
[tex]=20-1[/tex]
[tex]=19[/tex]
"t" at confidence level 99%, will be:
⇒ [tex]\alpha=1-99 \ percent[/tex]
[tex]=1-0.99[/tex]
[tex]=0.01[/tex]
⇒ [tex]\frac{\alpha}{2}=\frac{0.01}{2}[/tex]
[tex]=0.005[/tex]
⇒ [tex]t\frac{\alpha}{2} \ df=t \ 0.005,19[/tex]
By using the student table, we get
[tex]=2.86 1[/tex]
The margin of error will be:
⇒ [tex]E=\frac{t \alpha}{2,df\times (\frac{s}{\sqrt{n}})}[/tex]
On substituting the estimated values, we get
⇒ [tex]=2.861\times (\frac{6.2}{\sqrt{20}})[/tex]
⇒ [tex]=3.97[/tex]
At 99%, the confidence level will be:
⇒ [tex]\bar{x}-E< \mu <\bar{x}+E[/tex]
⇒ [tex]30-3.97< \mu < 30+3.97[/tex]
⇒ [tex](26.03,33.97)[/tex]
Thus the above is the correct approach.
Joe drove 215 miles in 3 hours. Moe drove 240 miles in 4 hours. Who drove at the fastest rate of speed
Answers
so your answer is joe
mark me brainliest
In which quadrant is x positive and y negative?
Answers
Nine voltage measurements in a circuit have produced the following values: 12.09, 12.05, 11.94, 11.99, 12.12, 12.05, 12.02, 11.95, 12.14. If the standard deviation for the above data set is 0.07V, determine whether any values can be rejected. (5 Points)
Answers
Answer:
we can not reject any value
Step-by-step explanation: From data we can test the highest and the lowest value to evaluate if one of these values are out of certain confidence Interval
If we established CI = 95 % then α = 5 % and α/2 = 0,025
From data we find the mean of the values
μ₀ = 12,03 and σ = 0,07
From z table we find z score for 0,025 is z(c) = ± 1,96
So limits of our CI are:
12,03 + 1,96 = 13,99
12,03 - 1,96 = 10,07
And all our values are within ( 10,07 , 13,99)
So we can not reject any value
Which operation should be done first in the
expression below?
(2 + 2) * 3 - 1-4
Answers
Answer:
7
Step-by-step explanation:
PEMDAS
First we do the parenthesis, then we multiply and then we subtract (left to right)
= (2+2) * 3 - 1 - 4
= 4 * 3 - 1 -4
= 12 - 1 -4
= 12
Find the Missing Lengths is the sides.
Answers
Answer:
b
Step-by-step explanation:
If anyone understands can you please help me✨♀️
Answers
PLEASE HELP!!! TIMED TEST!
Which pair of angles must be supplementary?
1 and 6
2 and 5
5 and 4
6 and 2
Answers
Answer:
ok supplementary angles are two angles when they add up upto 180 degree so angle 2 and 5 make 180 degree .
(16) In 2008, the number tourists visiting France was 7.94 x 1017. The
number of tourists visiting Italy was 4.27 x 10^7. Find the difference in the
number of visitors
Answers
Answer:
3.67 × 10^7Step-by-step explanation:
Number of tourists visiting France = 7.94 × 10^7Number of tourists visiting Italy = 4.27 × 10^7The difference:
7.94 × 10^7 - 4.27 × 10^7 =(7.94 - 4.27) × 10^7 =3.67 × 10^7 more visitors in Francegetting bored.Is there anyone???
Answers
Answer:
yes very much so
Step-by-step explanation:
yes I don't know why but I am really and truly
Answer:
WOW yRRRRRR
Step-by-step explanation:
Find the midpoint of (0, 3) and (-4, 1).
Answers
Answer:
is there a page we can look at
Step-by-step explanation:
Write an expression that represents the area of
the figure in square centimeters.
HELP ASAP
Answers
Answer:
its either 98 cm or 28 cm
Step-by-step explanation:
7 x 7 = 49 x 2 = 98 cm
14 x 2 = 28
Select the correct answer. What is 6 1/3 divided 1/6 equal to? A: 6 B:9 C: 12 D:19 E:38
Again select the correct answer.
Answers
Answer:
The answer would be E:38.
Answer:
38
Step-by-step explanation:
Convert 6 1/3 to a fraction, 19/3
Divide 1/6 by multiplying
19 6
__ X ___. = 38
3. 1
Amy had a $10 monthly fee for music streaming due when she received her paycheck. After paying for the music streaming service, she had $65 remaining from her paycheck. Write and then evaluate a subtraction expression to determine the original value of Amy's paycheck
Answers
Answer:
10+65=75 75-10=65
A subtraction expression to determine the original value of Amy's paycheck is x-10=65.
Given that, Amy had a $10 monthly fee for music streaming due when she received her paycheck.
What is an equation?In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.
Let the original value of Amy's paycheck be x
According to the question, x-10=65
⇒ x=$75
Therefore, a subtraction expression to determine the original value of Amy's paycheck is x-10=65.
To learn more about an equation visit:
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