Keep this in mind whenever you see the word "of" in any kind of math problem like this you would multiply.
So if you multiply 9% and 10 you would get your Grand Total of 0.9
Again keep that in mind it will save you the hassle :)
Therefore your answer would be 11.1111111
You would set up a proportion to get the answer. X 5
Then cross multiply
Lastly divide to get the x by it’s self.
i cant do 3 on this but you just graph all the points.
Its face value (plus remaining coupon
On the day a bond matures it is to be paid back to the investors therefore it will be at it's face value to reflect the amount owed to investors. The last coupon may still have to be paid so it also be added to the bond on this date.
For example, if a bond is issued at $100 face value and will.mature in 5 years but is currently trading at $95, at the end of the 5th year it will be trading at $100 because that it what the Issuer of the bond will pay back.
my answer is$ 12
because 15 -2=12
$12. that is my answer.
2. Unfortunately I didn't get the answer for the fundraiser question, but it's not -0.67 or -1.00
Took the quiz, got that answer. Hope it helps!