NickKunDolli NickKunDolli

15-03-2017
Mathematics

contestada

John wong purchased a five-year bond today at $1,034.66. the bond pays 6.5 percent semiannually. what will be his yield to maturity?

Respuesta :

Aliwohaish12 Aliwohaish12

15-03-2017

Use this formula
Price of Bond = [C [1 - (1+r)^-2t] / r] + [F / (1+r)^2t]
The answer 5.7%

Answer Link

Otras preguntas

Kari drew two parallel lines PQ and RS intersected by a transversal KL, as shown below: Which fact would help Kari prove that the measure of angle QMN is equal

Read the stanza. Then, answer the questions. A free bird leaps on the back of the wind and floats downstream till the current ends and dips his wing in the ora

you and four of your friends go to carnival. The cost to get in is $10 per person plus $2 for each ride. The cost per person can be represented by the function

Please help with this I’ve been stuck on it for about an hour!

Kevin has $1,427 in a savings account his brother Haley has saved an amount with a 4 that is 1/10 the value of the 4 in Kevin's savings account. How much could

What element in a story can be helpful in understanding the story's theme

Solve 3a+4b=1-2c/d for c. (Can you please show all your steps?)

how can you find a linear function in a word problem

Please help! Factor. 9x^4−64y^2

Read the passage from Sugar Changed the World. Mohandas K. Gandhi (later known as the Mahatma or Great One) was born in India to a traditional Hindu family. Whe