If Pat pays $12,485.52 for a $25,000 face-value, zero-coupon bond that matures in 8 years, what is
Question:
If Pat pays $12,485.52 for a $25,000 face-value, zero-coupon bond that matures in 8 years, what is his annual rate of return?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
A 25000 P 12 48552 n 1 t 8 The ...View the full answer
Answered By
Benish Ahmad
I'm a professional software engineer. I'm lectutrer at GCUF and I have 3 years of teaching experience. I'm looking forward to getting mostly computer science work including:
Programming fundamentals
Object oriented programming
Data structures
object oriented design and analysis
Database system
Computer networks
Discrete mathematics
Web application
I am expert in different computer languages such as C++, java, JavaScript, Sql, CSS, Python and C#. I'm also have excellent knowledge of essay writing and research. I have worked in other Freelancing website such as Fiverr and Upwork. Now I have finally decided to join the SolutionInn platform to continue with my explicit work of helping dear clients and students to achieve their academic dreams. I deliver plagiarism free work and exceptional projects on time. I am capable of working under high pressure.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
A childs grandparents are considering buying a $40,000 face-value, zero-coupon bond at birth so that she will have enough money for her college education 17 years later. If they want a rate of return...
-
If a particle has a speed of r feet per second and travels a distance d (in feet) in time t (in seconds), then d = _________.
-
Find the real solutions, if any, of the equation 2x 2 + x - 1 = 0.
-
Use a calculator to express each number in Problems 39 and 40 as a decimal to the capacity of your calculator. Observe the repeating decimal representation of the rational numbers and the non...
-
The drawing shows a laser beam shining on a plane mirror that is perpendicular to the floor. The beam's angle of incidence is 33.0. The beam emerges from the laser at a point that is 1.10 m from the...
-
Which choice is not correct regarding the Navier-Stokes equation? (a) Nonlinear equation (b) Unsteady equation (c) Second-order equation (d) Partial differential equation (e) None of these
-
The rubber block is fixed along edge AB, and edge CD is moved so that the vertical displacement of any point in the block is given by v(x) = (vo/b 3 )x 3 . Determine the shear strain Y xy = 0.02 at...
-
On July 16, 1996, Wyatt Corp. purchased 40 acres of land for $350,000. The land has been held for a future plant site until the current date, December 31, 2014. On December 18, 2014, TexoPete Inc....
-
Create a research paper outline about The Right to Abortion. The outline should make your points, in abbreviated form, and include your supporting evidence - i.e., cases (including the 4 legal codes...
-
Suppose that nominal GDP was $50 million in 2020 in country A. In 2021, nominal GDP was $51 million. The price level rose 1.3% between 2020 and 2021, and population growth was 0.1% between 2020 and...
-
In February 2009, President Obama signed into law a $787 billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of 1.3% compounded semiannually. If the federal...
-
The formula can be used to find the number of years t required to multiply an investment m times when r is the per annum interest rate compounded n times a year. (a) How many years will it take to...
-
Listed below are ages of actresses and actors at the times that they won Oscars. These 10 matched pairs are the first 10 from Data Set 11 in Appendix B. The data are paired according to the years...
-
Why is word of mouth more powerful than an advertised message?
-
Mobile has a diverse array of advertising options. What are some of the most popular, and how can each help visually and verbally express the key consumer benefit?
-
What are the pros and cons of Internet and social media marketing?
-
Why is customer service considered a must for an IMC campaign?
-
Why are more brands incorporating alternative media into their promotional mix?
-
How much do you typically pay, including tips, for a haircut? In a survey of 50 students in her class, one of the authors found the average amount paid for haircuts to be $45.68 and the standard...
-
Repeat the previous problem, but close the positions on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify...
-
In Problems 920, find the exact value of each expression. cot-1 (-3)
-
In Problems 920, find the exact value of each expression. sec-(-2)
-
In Problems 1336, solve each equation on the interval 0 < 2. 2 sin + 3 = 2
-
Create a class named Account that contains: A private int data field named id for the account (default 0). A private double data field named balance for the account (default 0). A private double data...
-
The next Java code needs to be converted from static to dynamic (just addd changes in same code): import java.util.Scanner; class MyIntStaticCircularQueue { int capacity = 2; int queue[] = new...
-
Hi! Would a tutor be able to assist me on this? In a complete graph with 48 vertices, how many vertices will be in each node's adjacency list? How many entries will be in the adjacency matrix for...
Study smarter with the SolutionInn App