candyapples1212 candyapples1212

22-03-2017
Mathematics

contestada

Lacy has a $1000 bond with a 6.2% coupon that she purchased for $1025. What is the yield of this bond? Round your answer to 2 decimal places.

Respuesta :

BriTheCurious BriTheCurious

22-03-2017

So the question is asking what is 6.2% of 1000? Then rounding our decimals?

Answer Link

makaylaroose makaylaroose

01-09-2020

Answer:

6.04%

Step-by-step explanation:

multiply the coupon rate with the face value, and divide with the purchase price

Answer Link

Otras preguntas

Why was the issue of slavery left unresolved in the constitution? How does slavery clash with the ideals of the revolution?

What are the bond angles of Ethane? Ethene? Ethyne?

The map shows the location of a mall, library, and school in a city: Sarah traveled from the school to the mall and then from the mall to the library. Bret trav

how much more meat is in the sandwich than vegetables? write the amount as a fraction in simplest form. meat = 0.35 vegetables = 0.15 secret sauce = 0.05 bread

How did Andrew Johnson's behavior in office influence the events of the Reconstruction era?

How to spell 15.062 in word form

Write a real word description to fit the expression -50/5

How could raising a sales tax result in less rather than more revenue for particular state

Rita borrows $5000 from her parents. she repays them $6000.what is the interest rate if she pays at the end of year 2

5,000 tens equals how many thousands