This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that you own a bond with a coupon rate of 8 and currently selling at a premium of 101.75. ... (Read 103 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jun 24, 2018
Suppose that you own a bond with a coupon rate of 8 and currently selling at a premium of 101.75. What is the current yield? (Round to the nearest tenth percent)
 A) 7.9
  B) 9.1
  C) 8.5
  D) 8.9

Question 2

Jeff was charged 10 interest and paid 175 interest on a simple interest loan for 2 months from his bank. How much did he borrow?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

10,500


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 24, 2018
Gracias!

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
Population growth rate % Population growth rate %
Target Heart Rate Target Heart Rate
Outgroup role in relative rate test Outgroup role in relative rate test
The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ... The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ...
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library