Stein Co. issued 13-year bonds two years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. If these bonds currently sell for 95 percent of par value, what is the YTM?

Answers

Answer 1

Nper = 11*2 = 22 (indicates the period over which interest payments are made)

PMT = 1000*10.3%*1/2 = 51.5 (indicates sem-annual interest payments)

PV = 1000*95% = 950 (indicates the current selling price of the bonds)

FV = 1000 (indicates the face value of bonds)

Rate = ? (Indicates YTM)


YTM = Rate(Nper,PMT,PV,FV)*2 = Rate(22,51.5,-950,1000)*2 = 11.098% or 11.10%


Answer is 11.098% or 11.10%.


Related Questions

What is the tangent of angle a?
a. 6/8
b. 8/10
c. 8/6
d. 6/10

Answers

tanA= opposite /adjacent
tanA= 8/6

3^3 • 32 + 12 ÷ 4

a. 219
b. 291
c. 867
d. 437

Answers

The answer is 867.

3^3 = 27

27•32 + 12/4
864 + 3 = 867

Factor completely 2x2 − 2x − 40.

2(x − 5)(x + 4)
(2x − 10)(x + 4)
(x − 5)(2x + 8)
2(x − 4)(x + 5)

Answers

The answer is:  [A]:  2(x − 5)(x + 4) " .
_____________________________________________________
Given:  " 2x² − 2x − 40 " ; 

We can factor out a "2" ; 

2(x² − x − 20)

Now, we can write down the "2" ; and factor the:  "(x² − x − 20)" ;

2 * 
   (x² − x − 20) ;
_______________________________________________________
Take a look at:  "(x² − x − 20)"  ;  we have "-1x" and "-20" ; 

                                                                so, -5 and +4  ; 
                                                                or;  +5 and -4 ; to get "-20" ;
                                                               _______________________
                                                                  (we choose the "5" and "4" factors of 
                                                                      "-20" because we also have "-1" ; 
                                                                                  and "5 -4 =1" ;
                                                                      Now, (-5 + 4 = -1) ; 
                                                                         and: (+5 - 4 = +1).
                                                                      So; we'll stick with (-5 + 4) ; 

                                              (x² − x − 20) = (x − 5)(x + 4) ;
________________________________________________
Then, bring down the "2" ; and we have our answer:
__________________________________________________
      " 2x² − 2x − 40 "  

        =  2(x − 5)(x + 4) " ;  which is:  Answer choice:  [A] .
_______________________________________________

The factor of quadratic function 2x²-2x-40 is 2 (x-5) (x+4).

What is a quadratic function?

A polynomial function with one or more variables, where the largest exponent of the variable is two, is referred to as a quadratic function. In other terms, a "polynomial function of degree 2" is a quadratic function.

Given:

The quadratic function 2x²-2x-40.

To find the factors;

Take common term out,

2(x²-x-20)

= 2 (x²-5x + 4x -20)

= 2 {x (x-5) + 4(x -5)}

= 2 (x-5) (x+4)

Therefore, the factors are 2 (x-5) (x+4).

To learn more about the quadratic function;

https://brainly.com/question/11485644

#SPJ5

Let f (x) = 2x - 1, g(x) = 3x, and h(x) = x2 + 1. Compute the following: f (h(x)) and. g (f (x))

Answers

To get f(h(x)), we simply plug h(x) into the x value(s) of f(x), resulting in 
2(x²+1)-1=2x²+2-1=2x²+1

For g(f(x)), we plug f(x) into the x value(s) of g(x), resulting in 
3(2x-1)=6x-3

Graph ​ y−5=−2/3(x+9) ​ using the point and slope given in the equation.

YOU NEED A GRAPH

Answers

see attached sketch with the coordinates the line passes

 the picture is upside down for some reason, rotate it 180 degrees

May I acquire some help on this homework as it is due tomorrow.

Answers

Hello,

1)
[tex]f(x)=2x^3+4x-9=0\\\\ 2x^3+4x-9=0\\\\ x^3=9-4x\\\\ x= \sqrt[3]{9-4x} \\\\ x_{n+1}=\sqrt[3]{9-4x_n}\\\\ x_{n+1}=1,25698196\\\\ [/tex]

2) 3) see file jointed

Jose is three times as old as his cousin Robert. The sum of their ages is more than 40. What are the smallest possible ages for each of them?

Answers

11 and greater

because 10 + 3(10) = 40

so 11 and greater

hope this helps
Final answer:

To find the smallest possible ages for Jose and Robert, set up a system of equations based on the given information. Robert's age is X, and Jose's age is 3X. The sum of their ages is more than 40, so the smallest possible age for Robert is 11, and Jose would be three times that, which is 33.

Explanation:

To find the smallest possible ages for Jose and Robert, we need to set up a system of equations based on the given information.

Let's assume Robert's age is x. Since Jose is three times as old as Robert, his age would be 3x.

The sum of their ages is more than 40, so we can write the equation: x + 3x > 40.

Simplifying the equation: 4x > 40.

Dividing both sides of the equation by 4, we get x > 10.

Therefore, the smallest possible age for Robert is 11, and Jose would be three times that, which is 33.

What is the best metric unit to measure the distance from ohio to texas?

Answers

Most likely miles would be best...
Hope this helps!!

order :5/6,1/8,5/16,7/12 on the number line
Numberline: 0 ------------------------1

Answers

Your Answer Is...

1/8, 5/16/ 7/12, 5/6.

Glad I Could Help, And Good Luck!

The expression $1.25p + $3.50 can be used to calculate the total charge for printing p pages at a business service store. How much would it cost to print 8 pages

Answers

Since one page cost $1.25 to print take the cost of per page $1.25 times the number of pages to be printed, in this case eight. $1.25 x 8 = $10.00
Remember there is still a $3.50 added to the cost of the pages printed; thus you have $10.00 + $3.50 = $13.50 which is the total charge.

the table shows the volume of gasoline in a gas tank at different times. Find th e rate of change for each time interval. During which time interval did the volume decrease at the greatest rate?

Answers

Final answer:

To find the rate of change for each time interval, calculate the difference in volume for each interval and divide it by the difference in time. Compare the rates of change to determine the time interval with the lowest rate of change.

Explanation:

To find the rate of change for each time interval, we need to calculate the difference in volume for each interval and divide it by the difference in time. Let's assume the time intervals are 12-18 hours, 18-24 hours, and 12-24 hours. The rate of change for each interval can be calculated as follows:

Rate of change for 12-18 hours = (Volume at 18 hours - Volume at 12 hours) / (18 hours - 12 hours)

Rate of change for 18-24 hours = (Volume at 24 hours - Volume at 18 hours) / (24 hours - 18 hours)

Rate of change for 12-24 hours = (Volume at 24 hours - Volume at 12 hours) / (24 hours - 12 hours)

The time interval during which the volume decreased at the greatest rate will be the interval with the lowest rate of change. Compare the rates of change calculated for each interval to find the time interval with the lowest rate of change.

Learn more about Rate of change here:

https://brainly.com/question/31226174

#SPJ12

Write an equation of the parabola with focus (0, −5/3) and directrix y=5/3
I know the formula is y= 1/4p x^2 but i am having trouble with the fractions being implemented.
p=-5/3

Answers

Given:
The focus is at (0, -5/3)
The directrix is y = 5/3

A standard form of the equation for a parabola is
y = a(x- h)² + k
with the focus at (h , k + 1/(4a)),
and the directrix at y = k - 1/(4a)

Therefore
h = 0                          (1)
k + 1/(4a) = -5/3         (2)
k - 1/(4a) =  5/3          (3)

Add (2) and (3).
2k = 0
k = 0

Therefore the vertex is at (0,0).
From (2), obtain
1/(4a) = -5/3
4a = -3/5
a = -3/20

The equation of the parabola is
y = -(3/20)x²

The graph is shown below.

Answer: [tex]y=- \frac{3}{20} x^{2}[/tex]


How can you determine whether an equation is linear or non-linear?

Answers

If the graph of the equation is straight, it is linear. If it is not, then it is non-linear.

Hope this helps!
Your fortune is "You will change someone's life within the next few weeks."
Hello There!

Linear simply means straight.
Graph out your equation and see if it is straight.
If it is, then it is a linear equation.
If it isn't straight, then it is a non linear equation.

Hope This Helps You!
Good Luck :) 

- Hannah ❤

Joel is walking down a street and sees a 115 ft tall building in front of him. he stops 190 feet from the base of the building at the tip of the building's shadow. round answers to three decimal places.
a. if there was a piece of rope from the top of the building to joel, how long would it be?
b. what is the angle of elevation from joel to the top of the building?
c. margaret says that she could find the angle of depression from the top of the building to joel by subtracting the angle of elevation from 90°. is she correct? explain.

Answers

First, if you look at all the details, you see that the building, Joel and rope form a right angle triangle. 

a) a²+b²=c²
(115)²+(190)²=c²
√49325=c
222.092 ft =c 

b) tanθ= opp/adj
tanθ=115/190 
θ=tan⁻¹(115/190) 
θ=31.184 degrees 

c) Yes, because the angle of depression and angle of elevation, in this case at least, add up to 90 degrees. Due to this, subtracting the angle of elevation by 90 degrees will give angle of depression. 

Hope I helped :) 

If there was a piece of rope from the top of the building to Joel, how long would it be approx 222.01 feet. The angle of elevation from Joel to the top of the building is approx [tex]31.18 ^ \circ[/tex]

What is angle of elevation and angle of depression?

You look straight parallel to ground. But when you have to watch something high, then you take your sight up by moving your head up. The angle from horizontal to the point where you stopped your head is called angle of elevation.

Similarly, there is angle of depression, when you look horizontal, then down, the angle between both positions is the angle of depression.

How to use right triangles to find the length of the rope?

Remember that we assume that buildings are usually vertical to the ground. This means, there is 90° formation. The length of the rope can be taken as length of hypotenuse.

What is Pythagoras Theorem?

If ABC is a triangle with AC as the hypotenuse and angle B with 90 degrees then we have:

[tex]|AC|^2 = |AB|^2 + |BC|^2[/tex]

where |AB| = length of line segment AB. (AB and BC are rest of the two sides of that triangle ABC, AC being the hypotenuse).

Referring to the figure attached below, we get:
Length of the rope = Length of the line segment AC = |AC|

Using the fact that the triangle ABC is right angled triangle, we can use Pythagoras theorem.

We get the length of AC as:

[tex]|AC|^2 = |AB|^2 + |BC|^2\\|AC| = \sqrt{|AB|^2 + |BC|^2} \\\text{positive square root since length is non-negative quantity}\\\\|AC| = \sqrt{115^2 + 190^2} = \sqrt{51325} \approx 222.01 \: \rm ft[/tex]

Thus, if there was a piece of rope from the top of the building to Joel, how long would it be approx 222.01 feet.

The angle of elevation is calculated as:

[tex]\tan(\angle ABC) = \dfrac{\text{Length of perpendicular}}{\text{Length of base}} = \dfrac{|AB|}{|BC|}\\\theta = tan^{-1}(\dfrac{115}{190}) \approx 31.18^\circ[/tex]

The angle of depression is actually equal to angle of depression because they are pair of alternate interior angles (made by traversing line AC between two parallel lines).

Thus, Margaret statement is false.

Therefore, we get the answers as:

If there was a piece of rope from the top of the building to Joel, how long would it be approx 222.01 feet.The angle of elevation from Joel to the top of the building is approx [tex]31.18 ^ \circ[/tex]Margaret's statement is false.

Learn more about Pythagoras theorem here:

https://brainly.com/question/12105522

A line passes through the two given points. (1,0) (0,0) Is it vertical , horizontal , or neither ?

Answers

I bealive it is Vertical.
I'm not sure if Iright, if I'm wrong... sorry :c

Answer: its horizontal

which of the following is the equation of a line perpendicular to the line y= -3/2x+4 and passes through the points (3,9)

Answers

 line y= -3/2x+4 slope = -3/2
perpendicular  lines, slope is opposite and reciprocal
so slope of perpendicular  line = 2/3
passes through the points (3,9)
y = mx + b
9 = 2/3(3) + b
9 = 2 + b
b = 7

equation of perpendicular line
y = 2/3x + 7
3y = 2x + 21
-2x + 3y = 21

Answer:

[tex]2x-3y+21=0[/tex]

Step-by-step explanation:

We are given that an equation

[tex]y=-\frac{3}{2}x+4[/tex]

We have to find an equation of line which is perpendicular to given line and passing through the point (3,9).

We know that when two lines of slope [tex]m_1\;and\;m_2[/tex] are perpendicular then

[tex]m_1=-\frac{1}{m_2}[/tex]

By comparing with

[tex]y=mx+b[/tex]

Where m=Slope of line

Slope of given line=[tex]=m_1=\frac{-3}{2}[/tex]

Slope of the line=[tex]-\frac{1}{m_1}=-\frac{1}{\frac{-3}{2}}=\frac{2}{3}[/tex]

Slope of the line=[tex]\frac{2}{3}[/tex]

The equation of line passing through the point (3,9) is given by

[tex]y-y_0=m(x-x_0)[/tex]

Substitute the values

The equation of line which passing through the point (3,9) is given by

[tex]y-9=\frac{2}{3}(x-3)[/tex]

[tex]3y-27=2(x-3)[/tex]

[tex]3y-27=2x-6[/tex]

[tex]3y=2x-6+27[/tex]

[tex]2x-3y+21=0[/tex]

what are the solutions to the quadratic equation of 2x^2-16x+32=0 show work?

Answers

2x^2-16x+32=0
2(x^2 - 8x + 16) = 0
2(x - 4)^2 = 0 
x - 4 = 0; x = 4

answer
x = 4 is the solution

Answer:

The Answer is 4

Step-by-step explanation:

2x² - 16x + 32 = 0

we would multiply 2x² and 32

= 64x²

then factorise 64x² such that the sum of the two nos = -16 AND the product of the nos = 64

the only value that satisfies this condition is -8 (-8 + -8 = -16, and -8 * -8 = 64)

so our equation becomes

0 = 2x² - 8x -8x + 32

0 = (2x² - 8x) (-8x +32)

we bring out common terms i.e. factorise it

2x(x - 4) -8(x - 4)

0 = (2x - 8) (x - 4)

0 = 2x - 8 or 0 = x - 4

8 = 2x or 4 = x

x = 8/2 or 4

x = 4 or 4

x = 4

hope it was clear

Match the expression with its name. 9x4 – 3x + 4

Answers

Answer:

fourth degree trinomial

Step-by-step explanation:

PLEASE PLEASE HELP!!!!
Given the system of equations, what is the value of the system determinant?
x + y = 8
x - y = 10

A. 0
B. -1
C. -2

Given the system of equations, what is the value of the y-determinant?
3x + y - 10 = 0
4x - y - 4 = 0

A. -28
B. -14
C. 28

Answers

for your first question the answer is C(-2) and your next question the answer is A(-28)

Answer:

Given the system of equations, what is the value of the system determinant?  x + y = 8  

x - y = 10  

C. -2

Given the system of equations, what is the value of the y-determinant?

3x + y - 10 = 0

4x - y - 4 = 0

A. -28

Step-by-step explanation:

The determinant of the system is the determinant of the matrix formed with the coefficients of the system, usually, this matrix is called A.

[tex]A=\left[\begin{array}{cc}1&1\\1&-1\end{array}\right][/tex]

In the 2x2 matrix, the determinant is calculated by obtaining the difference between the diagonally down product and the diagonally up product.

[tex]det(A)=\left|\begin{array}{cc}1&1\\1&-1\end{array}\right|=(1)(-1)-(1)(1)=-1-1=-2[/tex]

The y-determinant is the determinant of the matrix [tex]A_y[/tex], this matrix is formed substituting in the matrix A the coefficients of y with the constant terms.

[tex]A_y=\left[\begin{array}{cc}3&10\\4&4\end{array}\right][/tex]

[tex]det(A_y)=\left|\begin{array}{cc}3&10\\4&4\end{array}\right|=(3)(4)-(4)(10)=12-40=-28[/tex]

using exponents, what is the simplified form of the expression 2^4*2^7?

Answers

Final answer:

To simplify 2^4\*2^7, you add the exponents because the bases are the same, resulting in 2^11 which equals 2048.

Explanation:

When simplifying the expression 2^4\*2^7, we use the property of exponents that states when multiplying two exponential terms with the same base, you add the exponents. So, the simplified form of the expression would be 2^(4+7) which is 2^11. Since we are adding the exponents, this process is known as the sum of exponents and is a fundamental concept in the squaring of exponentials.

To calculate 2^11, you would multiply 2 by itself 11 times, but for the sake of simplicity, the answer is 2048.

Solve 9x-y=45, solve for y

Answers

9x - y = 45....subtract 9x from both sides
-y = -9x + 45 ...multiply both sides by -1 to make y positive
y = 9x - 45 <==
Answer:  " y =  9x - 45 " .
_________________________
Explanation:
_________________________
Given:  9x - y = 45 ;

Method 1)
____________________________________________
Multiply the entire equation (both sides) by "-1" ; 

-1* {9x - y = 45} ;

to get:  -9x + y = -45 ;

↔ y + (-9x) = -45 ;

→ y - 9x = -45 ;

Add "9x" to each side of the equation ; to isolate "y" one side of the equation; and to solve for "y" ;

  y - 9x + 9x = -45 + 9x ;

y = -45 + 9x ;

→ y = 9x + (-45) ;

y = 9x - 45 .
__________________________________________________
Method 2) 
__________________________________________________
Given:  9x - y = 45 ; Solve for y ;

Add "y" to each side of the equation; and Subtract "45" from each side of the equation:

9x - y + y - 45 = 45 + y - 45 ;

to get:  9x - 45 = y ;

↔ y = 9x - 45 .
________________________________

Talia gave her hairdresser a 20 percent tip, which amounted to $7. What was the price of the service before the tip?

Answers

I don't know if I did it right but here's my guess. I think you multiply 7 by 20% and that gives you 1.40 as a result. Compared to the other method I used (division), I'm pretty sure I'm right since the other result was 35. Doesn't make sense if the end amount was $7.
Answer:

The price of the service that was charged before the tip was:

                            $ 35

Step-by-step explanation:

Let the price of the service be $ x.

Now it is given that:

Talia gave her hairdresser a 20 percent tip, which amounted to $7.

This means that the 20% of total service charge=7

i.e.  20% ×x =7

i.e. 0.20×x=7

i.e. x=7/0.20

i.e. x=35

Hence, the price of the service that was paid before the tip is: $ 35

Find the least number which must be added to 1825 to get a perfect square find the square root of the perfect squre so obtained

Answers

x+1825=y^2
sqrt(1825)=42.8
so the least is y^2=43^2=1849
so x=1849-1825=24

PLEASE ANSWER ASAP!!!

Identify the natural number that is closest to√98.

A.) 10
B.) 98
C.) 11
D.) 9

Answers

the answer would be 10 because 10^2 is 100 

dakota runs a half marathon every 6 weeks. madison runs a half a marathon every 15 weeks. how many weeks untill they will run together?

Answers

30 weeks they would both run30 miles
Final answer:

To determine when Dakota and Madison will run a half marathon on the same week, we calculate the least common multiple of their running intervals, which is 60 weeks.

Explanation:

The question is to find out how many weeks will pass until Dakota and Madison will run a half marathon on the same week.

We need to find the least common multiple (LCM) of their running intervals, which are 6 weeks for Dakota and 15 weeks for Madison.

To find the LCM, you can list the multiples of each number until you find the smallest number that appears in both lists.

Multiples of 6: 6, 12, 18, 24, 30, 36, 42, 48, 54, 60, ...Multiples of 15: 15, 30, 45, 60, ...

Here, we see that the smallest common multiple is 60 weeks.

Therefore, Dakota and Madison will run a half marathon together in 60 weeks.

can you form an angle bisector hen the angle is a straight line?

Answers

Yes. Angle bisector means where after splitting the angle the 2 angles formed has the same size.
Therfore when you construct an angle bisector on a straight line, both new angles would be 90°, and the angle bisector is just right in the middle.

Suppose that the time it takes to do a job is inversely proportional to the number of workers. that is, the more workers on the job the less time required to complete the job. if it takes 2 workers 8 days to finish a job, how long will it take 8 workers?

Answers

i think it would be 2 days. you would get it done 4 times faster, so 8/4 is 2

a text book costs $108.00. if mathew paid a total of $113.94 for the book and sales tax, what rate of sales tax was he charged?

Answers

Okay. So to find the amount of sales tax, we have to first subtract the text book cost from the total. 113.94 - 108 = 5.94. That’s $5.94 in taxes. To find the percentage, we have to do the amount in taxes divided by the cost of the item, in this case, the textbook. 5.94 / 108 is 0.055. Multiply 0.055 by 100 in order to get the percentage. When you do that, you get 5.5%. Matthew was charged 5.5% in sales tax.

The line x - y = 5 passes through which set (-5, 0) (0, 5) (0, -5)

Answers

The answer would be (-5,0)

What number produces a rational number when added 1/5

Answers

It is because benchmark fraction 1/5 = .20
Other Questions
4.5(8-x)+36=102-2.5(3x+24) show step by step how to solve please. Explain how the lungs and circulatory system work together? Which one of the following electron transitions does not correspond to an absorbtion of a quanta of light? 1. n = 4 to n = 6 2. n = 7 to n = 5 3. n = 2 to n = 5 4. n = 2 to n = 6 5. None of the Above What element in the third period is a metalloid? how do u find the initial value on a graph Click on the Start menu and then click on All Programs. How many different programs are listed? Used medically, narcotics are _____ habit forming. What makes an ordered society (a 6)2Find the product. (Simplify your answer completely.) graph y = 1/2 x - 3 PLS HELP !!! Personal finance experts recommend saving what percentage of your income? Choose the _______ container for the best random-access performance in a container that can grow. As the project progresses from initiation through planning and executing, and additional detail is gathered, the range of values for the project cost estimate will: A basket of laundry is being separated. Divide 48 pieces into 2 clothing groups so the ratio is 1 to 3 The discoveries of these men lead to development of what theory? The two clauses of first amendment protections for freedom of religion are the establishment clause and the free association clause. a. True b. False In late baroque venice, four religious institutions for orphaned girls gained fame; these institutions were called: Find the distance between the points 1,4 and (-2,-1 Which state of matter characterized by having a definite shape and a definite volume? 1. Which of these statements is not a part of the Cell Theory?a) The cell is the smallest living unit in all orgasimsb) All living things are made of cellsc) There are two main types of cellsd) All cells come from other pre-existing cells2. _____ contain genetic material such as DNA.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes3. ____ plants are an example of me.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes4. ____ protists are an example of me.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes5. ____ your body cells are made of this type of cell.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes6. _____ contain cytoplasm.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes7. _____ contain membrane-bound organelles.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes8. _____ contain ribosomes.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes9. _____ Animals are an example of me.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes10. _____ fungi are an example of me.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes11. ____ bacteria are an example of me.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes12. _____ have a nucleus.a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes13. ___ have a cell membrane. a) Prokaryote onlyb) Eukaryotes only c) Both Prokaryotes and Eukaryotes Steam Workshop Downloader