Wesimann Co. Issued 13-year bonds a year ago at a coupon rate of 7.3 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.6 percent, what is the current bond price?

Answers

Answer 1

Answer:

Current Bond price = $1155.5116

Step-by-step explanation:

We are given;

Face value; F = $1,000

Coupon payment;C = (7.3% x 1,000)/2 = 36.5 (divided by 2 because of semi annual payments)

Yield to maturity(YTM); r = 5.6%/2 = 2.8% = 0.028 (divided by 2 because of semi annual payments)

Time period;n = 13 x 2 = 26 years (multiplied by 2 because of semi annual payments)

Formula for bond price is;

Bond price = [C × [((1 + r)ⁿ - 1)/(r(r + 1)ⁿ)] + [F/(1 + r)ⁿ]

Plugging in the relevant values, we have;

Bond price = [36.5 × [((1 + 0.028)^(26) - 1)/(0.028(0.028 + 1)^(26))] + [1000/(1 + 0.028)^(26)]

Bond price = (36.5 × 18.2954) + (487.7295)

Bond price = $1155.5116


Related Questions

In how many ways can you put seven marbles in different colors into four jars? Note that the jars may be empty.

Answers

Answer: 16,384

Step-by-step explanation:

The seven marbles have different colours, so we can differentiate them.

Now, suppose that for each marble we have a selection, where the selection is in which jar we put it.

For the first marble, we have 4 options ( we have 4 jars)

For the second marble, we have 4 options.

Same for the third, for the fourth, etc.

Now, the total number of combinations is equal to the product of the number of options for each selection.

We have 7 selections and 4 options for each selection, then the total number of combinations is:

C = 4^7 = 16,384

Answer:

the answer is 16384

Step-by-step explanation:

have a nice day.

Please answer this fast in two minutes now

Answers

Answer:

            18.3

Step-by-step explanation:

from cosines theorem:

t² = 11² + 14² - 2•11•14•cos87°

t² = 121 + 196 + 308•0.05236

t² = 333.12688

t = √333.12688

t = 18.2517... ≈ 18.3

Ahmed earns $1.50 for every video game he sells. When he sells one carton of 30 video game, he earns an additional $10. What is the minimum number of video games he has to sell in order to earn $450?

Answers

1.50x + 10[x/30] >= 450
x >= 246.3

check:
1.50*246 + 10*8 = 449

His next sale will push him over $450

Answer:

Step-by-step explanation:

1.50x + 10[x/30] >= 450

x >= 246.3

check:

1.50*246 + 10*8 = 449

$450

Select the sequences that are geometric.

18, 36, 54, 72, …

4.1, 8.2, 16.4, 32.8, …

–7, 14, –28, 56, …

980, 784, 627.2, 501.76, …

5, 2, –1, –4, …

Answers

Answer:

BCD

Step-by-step explanation:

Answer: B,C & D

Step-by-step explanation:

find the value of x and explain

Answers

Answer:

D

Step-by-step explanation:

The chord- chord angle 105° is half the sum of the arcs intercepted by the angle and its vertical angle, thus

[tex]\frac{1}{2}[/tex](120 + x) = 105 ( multiply both sides by 2 )

120 + x = 210 ( subtract 120 from both sides )

x = 90 → D

given that sin x equals to a over b then what is tan x ​

Answers

Answer:

Hey there!

Sine is equal to opposite/hypotenuse

Tangent is equal to opposite/adjacent

opposite=a

hypotenuse=b

adjacent=c

Thus, tangent x= a/c.

Hope this helps :)

Answer:

tan x = a/sqrt(b^2 - a^2)

Step-by-step explanation:

sin x = a/b = opp/hyp

tan x = opp/adj

adj^2 + opp^2 = hyp^2

adj^2 + a^2 = b^2

adj = sqrt(b^2 - a^2)

tan x = a/sqrt(b^2 - a^2)

simplify (5 √2 - 1) ^2

Answers

the answer to that problem would be 25
The answer is 25 !!!!!!!!!!!

no clue how to do this, someone pls help

Answers

Answer:

Step-by-step explanation:

First we need to find the circumference of the circle. We know that the radius is 4 and the formula is πd or 2πr

Leaving it in terms of pi, the circumference is 8π

Now we need to find the length of the arc.

Since the missing part of the circle is labeled with a right angle, we know that it's exactly 1/4 of the whole circle. That means the arc we need to find is 3/4 of the circumference.

3/4 of 8π is 6π

An investment counselor calls with a hot stock tip. He believes that if the economy remain strong the investment rules will result In a profit of $30,000. If the economy grows at a moderate pace the investment will result in a profit of $10,000 however if the economy goes into recession the investment will result in a loss of $30,000. You contact and economics who believes there is a 20% probability the economy will remain strong a 70% probability the economy will grow at a moderate pace in a 10% probability the economy will slip into recession. What is the expected profit from this investment?

Answers

Answer: $10,000

Step-by-step explanation:

Given the following :

Profit if economy remains strong = $30,000

Profit if economy grows at moderate pace = $10, 000

Loss if economy goes into recession = $30,000

Probability that economy will remain strong = 20% = 0.2

probability the economy will grow at a moderate pace = 70% = 0.7

probability the economy will slip into recession = 10% = 0.1

Expected value = sum of (x * p(x))

Here expected value equals;

Strong economy profit = $30,000 * 0.2 = $6000

Moderate economy profit = $10,000 * 0.7 = $7000

Loss on Recession = $30,000 * 0.1 = $3000

Expected profit = $(6000 + 7000 - 3000)

Expected profit = $10,000

Please help I don't understand this at all ​

Answers

Answer:

Since ΔABC is equilateral, ∠ACB = 60°. Since ΔCED is isosceles (we know this because CE = ED from the graph), ∠ECD = ∠EDC from Base Angles Theorem, and since the sum of angles in a triangle is 180°, they measure (180 - 32) / 2 = 74° each. Since BCD is a straight line, it measures 180° so we can write:

60 + x + 74 = 180

134 + x = 180

x = 46°

Answer:

46 degrees

Step-by-step explanation:

Since triangle ABC is equilateral that means each angle in that triangle is 60 degrees.

We also know that for triangle ECD angle C and angle D have to be 74 degrees, because a triangle has 180 degrees in total and the only unique angle is at the top which is 32. So it is 180-32=148, than 148/2=74.

We than know that a half circle is 180 degrees aswell, so we do 180-60=120

120-74=46

What is the diameter of the circle whose center is at (6, 0) and that passes through the point (2, -3)?

Answers

Answer:

10

Step-by-step explanation:

[tex]\left(x-h\right)^{2}+\left(y-k\right)^{2}=r^2[/tex]

[tex]\left(x-6\right)^{2}+\left(y-0\right)^{2}=r^2\\[/tex]

We used (2,-3)

[tex]\left(2-6\right)^{2}+\left(-3-0\right)^{2}=25[/tex]

[tex]r^2=25\\[/tex] , so [tex]r = 5[/tex]

But this one is asking for the diameter, and to find it. It's simply 2r.

2*5 = 10

A King wanted to replace his Prime-Minister but didn't want to upset him too much. So he called the Prime-Minister to his chamber and put two pieces of paper in his briefcase. He told the Prime-Minister that "On one piece of paper it says 'leave' and on the second piece of paper it says 'stay'". The piece of paper that you pull out of the briefcase will decide your fate." The Prime-Minister realized that both pieces of paper say 'leave'. What should the Prime-Minister do to be able to keep his position?

Answers

Answer: Ask the king to draw first and read it. Explain that if the king selects "leave" the PM's choice could only be "stay". It is then unnecessary for the PM to draw. It avoids embarrassing the king in his lie, demonstrates the PM's intelligence, and keeps his job.

Step-by-step explanation:

PLSSSS HELP The area of a cylinder varies jointly with the radius and the height. When the radius is 3 and the height is 6 the area is 36π. Find the are when the radius is 4 and the height is 5

Answers

Answer:

167.55

Step-by-step explanation:

so it varies jointly so

A-area if cylinder

so

[tex]a \: \alpha \: \pi \: r \: ^{2} h[/tex]

so

[tex]a = k\pi \: r^{2}h[/tex]

where k is the constant

so apply the first set of values to get k=2/3

then substitute the k with the second set of values

Let f(x) = 3x + 5 and g(x) = x2. Find g(x) − f(x).

Answers

Answer:

2x-(3x+5) = -x-5

Step-by-step explanation:

     2x + 0

-

     3x + 5

-———————-

     -x - 5

On a ski lift, the distance between chairs is inversely proportional to the number of chairs. At a
ski resort, one lift has 80 chairs spaced 16 meters apart. What is the constant of variation.
A.1280 B.5 C.1/5 D.1/1280

Answers

Constant of variation = number of chairs/ spacing.

80/16 = 5

The answer is B.5

Evaluate 7m + 2n - 8p/n for m = –4, n = 2, and p = 1.5.

Answers

Answer:

-30

Step-by-step explanation:

7m + 2n - 8p/n

Let  m = –4, n = 2, and p = 1.5

7(-4) + 2 ( 2) -8*(1.5)/2

-28 + 4 - 4*1.5

-28+ 4 - 6

-30

Answer:

-30

Step-by-step explanation:

Hey there!

Well given,

m = -4

n = 2

p = 1.5

We need to plug those number into,

7m + 2n - 8p/n

7(-4) + 2(2) - 8(1.5)/(2)

-28 + 4 - 12/2

-28 + 4 - 6

-24 - 6

-30

Hope this helps :)

Find the angle measures given the figure is a rhombus.

Answers

Answer:

1 = 90°, 2 = 66°

Step-by-step explanation:

Since the diagonals of a rhombus are perpendicular, ∠1 = 90°. Using the Exterior Angles Theorem (exterior angle = sum of remote interior angles, we see that ∠2 = 90 - 24 = 66°.

The researcher is interested to know if policy A (new) is more effective than policy B (old). Frame the hypothesis and describe what each error would represent in terms of reality and conclusion.

Answers

Answer:

Null hypothesis: Policy B remains more effective than policy A.

Alternate hypothesis: Policy A is more effective than policy B.

Step-by-step explanation:

Remember, a hypothesis is a  usually tentative (temporary until tested) assumption about two variables– independent and the dependent variable.

We have two types of hypothesis errors:

1. A type I error occurs when the null hypothesis (H0) is wrongly rejected.

That is, rejecting the assumption that policy B remains more effective than policy A when it is actually true.

2. A type II error occurs when the null hypothesis H0, is not rejected when it is actually false. That is, accepting the assumption that policy B remains more effective than policy A when it is actually false.

3) In a paddling pool there are 30 floating ducks. Each duck is marked with a number on the underside. 15 are marked with the number 1, 9 are marked with the number 2 and 6 are marked with number 3. There are prizes for those who pick a duck with the number 3 on it. What is the probability of Molly picking a duck with the number 3 on it? Give your answer as a fraction in its lowest terms.

Answers

Answer: 1/5

Step-by-step explanation:

Given the following :

Total number of ducks in pool = 30

Mark 1 = 15 ducks

Mark 2 = 9 ducks

Mark 3 = 6 ducks

Probability of picking a duck with Mark 3:

Probability = (number of required outcomes / total possible outcomes)

Number of required outcomes = number of ducks with mark 3 = 6 ducks

P(picking a duck with Mark 3) = 6/30

6/30 = 1/5

= 1/5

Find the value of x. Round the length to the nearest tenth.

Answers

Answer:

x=6 and x=5.1

Step-by-step explanation:

The Acme Candy Company claims that​ 60% of the jawbreakers it produces weigh more than 0.4 ounces. Suppose that 800 jawbreakers are selected at random from the production lines. Would it be significant for this sample of 800 to contain 494 jawbreakers that weigh more than 0.4​ ounces? Consider as significant any result that differs from the mean by at least 2 standard deviations. That​ is, significant values are either less than or equal to muminus2sigma or greater than or equal to muplus2sigma.

Answers

Answer:

Yes, it would be statistically significant

Step-by-step explanation:

The information given are;

The percentage of jawbreakers it produces that weigh more than 0.4 ounces = 60%

Number of jawbreakers in the sample, n = 800

The mean proportion of jawbreakers that weigh more than 0.4 = 60% = 0.6 = [tex]\mu _ {\hat p}[/tex] =p

The formula for the standard deviation of a proportion is [tex]\sigma _{\hat p} =\sqrt{\dfrac{p(1-p)}{n} }[/tex]

Solving for the standard deviation gives;

[tex]\sigma _{\hat p} =\sqrt{\dfrac{0.6 \cdot (1-0.6)}{800} } = 0.0173[/tex]

Given that the mean proportion is 0.6, the expected value of jawbreakers that weigh more than 0.4  in the sample of 800 = 800*0.6 = 480

For statistical significance the difference from the mean = 2×[tex]\sigma _{\hat p}[/tex] = 2*0.0173 = 0.0346 the equivalent number of Jaw breakers = 800*0.0346 = 27.7

The z-score of 494 jawbreakers is given as follows;

[tex]Z=\dfrac{x-\mu _{\hat p} }{\sigma _{\hat p} }[/tex]

[tex]Z=\dfrac{494-480 }{0.0173 } = 230.94[/tex]

Therefore, the z-score more than 2 ×[tex]\sigma _{\hat p}[/tex] which is significant.

Answer:

Step-by-step explanation:

min 452, max 507, so 494 is not unusual.

While watching a circus show, I counted out the number of acrobats and elephants. I counted 40 legs and 15 heads. How many acrobats did I see in the show?

Answers

Answer:

y=10 ( number of acrobat)

Step-by-step explanation:

let x be the elephant and y the acrobat

elephant has 4 legs and acrobat 2

4x+2y=40

x+y=15  ⇒x=15-y

substitute for x in the equation:

4(15-y)+2y=40

60-4y+2y=40

-2y=40-60

y=-20/-2

y=10 ( number of acrobat)

number of elephant=15-10=5 elephants

Rectangle ABCDABCDA, B, C, D is graphed in the coordinate plane. The following are the vertices of the rectangle: A(2, 0), B(6, 0), C(6, 7), D(2, 7). What is the area of rectangle A, B, C, D? square units NEED ASAP 40 POINTS LIGIT

Answers

Answer:

[tex]\boxed{\sf \ \ 28 \ \ }[/tex]

Step-by-step explanation:

Hello,

Please find attached the graph

AB = 6-2 = 4

DA = 7-0 = 7

So the area of the rectangle is AB * DA = 4 * 7 = 28

Hope this helps

74 divided by 3 times 7 equals what?

Answers

Answer:

518 / 3.

Step-by-step explanation:

(74 / 3) * 7 = (74 * 7) / 3 = 518 / 3 = 172 and 2/3 = 172.6666666667.

Hope this helps!

PLEASE PLEASE HELP ME A pinecone drops from a tree branch that is 36 feet above the ground. The function h = -16t2 + 36 is used. If the height h of the pinecone is in feet after t seconds, at about what time does the pinecone hit the ground? Could 2 seconds be a reasonable answer to this model?

Answers

Answer:

T = 1.5s

Step-by-step explanation:

Hello,

To find the time the pincone hits the ground, we need to use the equation given.

Note that h = 0 when the pinecones hits the ground.

This question relates to motion under gravity.

h = -16t² + 36

0 = -16t² + 36

Make t² the subject of formula

16t² = 36

t² = 36 / 16

t² = 2.25

Take the square root of both sides

t = √(2.25)

t = 1.5s

The time it takes the pinecone to hit the ground is 1.5s.

Please answer it now in two minutes

Answers

Answer:

3.9

Step-by-step explanation:

Pythagorean theorem:

a^2 + b^2 = c^2

a^2 + 1^2 = 4^2

a^2 + 1 = 16

a^2 = 15

a = sqrt(15)

a = 3.9

Answer a = 3.9 yards

Answer:

[tex]\boxed{3.9}[/tex]

Step-by-step explanation:

The triangle is a right triangle.

Apply Pythagorean theorem.

[tex]a^2 + b^2 = c^2[/tex]

[tex]a^2 + 1^2 = 4^2[/tex]

[tex]a^2 + 1 = 16[/tex]

[tex]a^2 = 15[/tex]

[tex]a=\sqrt{15}[/tex]

[tex]a \approx 3.872983[/tex]

A film distribution manager calculates that 9% of the films released are flops.If the manager is right, what is the probability that the proportion of flops in a sample of 442 released films would differ from the population proportion by greater than 4%? Round your answer to four decimal places.

Answers

Answer:

the probability that the proportion of flops in a sample of 442 released films would differ from the population proportion by greater than 4%  is 0.0042

Step-by-step explanation:

Given that :

A film distribution manager calculates that 9% of the films released are flops

Let p be the probability for the movies that were released are flops;

[tex]\mu_p = P = 0.9[/tex]

If the manager is right, what is the probability that the proportion of flops in a sample of 442 released films would differ from the population proportion by greater than 4%

now; we know that our sample size = 442

the standard deviation of the variance  is [tex]\sigma_p= \sqrt{\dfrac{p(1-p)}{n}}[/tex]

[tex]\sigma_p= \sqrt{\dfrac{0.9(1-0.9)}{442}}[/tex]

[tex]\sigma_p= \sqrt{\dfrac{0.9(0.1)}{442}}[/tex]

[tex]\sigma_p= \sqrt{\dfrac{0.09}{442}}[/tex]

[tex]\sigma_p= \sqrt{2.0361991 \times 10^{-4}}[/tex]

[tex]\sigma _p = 0.014[/tex]

So; if the manager is right; the probability that the proportion of flops in a sample of 442 released films would differ from the population proportion by greater than 4% can be calculated as:

[tex]P(|p-P|>0.04)=1 -P(p-P|<0.04)[/tex]

[tex]P(|p-P|>0.04)=1 -P(-0.04 \leq p-P \leq 0.04)[/tex]

[tex]P(|p-P|>0.04)=1 -P( \dfrac{-0.04}{\sigma_p} \leq \dfrac{ p-P}{\sigma_p} \leq \dfrac{0.04}{\sigma_p})[/tex]

[tex]P(|p-P|>0.04)=1 -P( \dfrac{-0.04}{0.014} \leq Z\leq \dfrac{0.04}{0.014})[/tex]

[tex]P(|p-P|>0.04)=1 -P( -2.8571 \leq Z\leq 2.8571)[/tex]

[tex]P(|p-P|>0.04)=1 -[P(Z \leq 2.8571) -P (Z\leq -2.8571)[/tex]

[tex]P(|p-P|>0.04)=1 -(0.9979 -0.0021)[/tex]

[tex]P(|p-P|>0.04)=1 -0.9958[/tex]

[tex]\mathbf{P(|p-P|>0.04)=0.0042}[/tex]

the probability that the proportion of flops in a sample of 442 released films would differ from the population proportion by greater than 4%  is 0.0042

What is the value of y? Answer asap

Answers

Answer:

y=3

Step-by-step explanation:

10=2y+4

10-4=2y

6=2y

3=y

The coordinates of A, B, and C in the diagram are A (p, 4), B (6, 1 ), and C (9, q). Which equation correctly relates p and q? ↔ ↔ ↔ ↔ Hint: Since AB is perpendicular to BC, the slope of AB × the slope o BC = -1. A. -q − p = 7 B. q − p = 7 C. p − q = 7 D. p + q = 7

Answers

Answer:

  D.  p + q = 7

Step-by-step explanation:

The slope of AB is ...

  mAB = (y2 -y1)/(x2 -x1) = (1 -4)/(6 -p) = -3/(6 -p)

The slope of BC is ...

  mBC = (q -1)/(9 -6) = (q -1)/3

We want the product of these slopes to be -1:

  mAB·mBC = -1 = (-3/(6 -p))·((q -1)/3)

  -(q-1)/(6 -p) = -1 . . . . cancel factors of 3

  q -1 = 6 -p . . . . . multiply by -(6 -p)

  q + p = 7 . . . . . matches choice D

Answer:

C p+q=7

Step-by-step explanation:

I did it on plato and it was right

Based on your work in Question 1 through 3, what is the relationship between the radius, AB , and the tangent line, BC ? What can you conclude about any tangent line to a circle and the radius of the circle? Explain.

Answers

Without further context I can't say much other than the radius is perpendicular to the tangent. In other words, the radius and tangent line form a 90 degree angle. This is one particular radius and its not just any radius. The radius in question must have the point of tangency as its endpoint.

The radius, AB  is perpendicular to the tangent line,  BC  so their slopes are negative reciprocals of one another. Because I generated a circle at random for this activity, this conclusion likely applies to any tangent line to a circle. In other words, the tangent line to any circle is perpendicular to the radius at their point of intersection.

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