« previous next »

Author Question: Express a tax rate of 1.27 in dollars.[br][br][b][color=#347235]Question 2[/color][/b][br][br]An ... (Read 208 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jun 24, 2018
Express a tax rate of 1.27 in dollars.

Question 2

An investor bought two bondsbond A was a 9 bond at 106 and bond B was a 7 bond at 94 . Each bond is to mature in 5 years. Compute how much greater the yield to maturity from bond B is than from bond A. (Do not consider commission. Round yields to two decimal places.)


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 24, 2018
Answer to Question 1

1.27 on each 100 of value.

Answer to Question 2

0.88 greater yield from Bond B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Patterns of Inheritance for Eye Color Patterns of Inheritance for Eye Color
Additive Color Mixing and Paint Mixing Additive Color Mixing and Paint Mixing
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
economic question economic question
Allelic series for coat-color determination in mammals Allelic series for coat-color determination in mammals
Boat question Boat question
Video: Digestive chemicals - water, gastric acid, bile & bicarbonate

For a complete list of videos, visit our video library