58 824
Assignments Done
Successfully Done
In March 2018
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Finance Question for Ann

Question #7000
(Yield to maturity) Smith Industries has a 8.0% bond maturing in 12 years. What is the yield to maturity if the current market price of the bond is:
a. $1,090? B. $1,000? C. $890?
Expert's answer
S - sum bond with interest,
K - sum bond (capital)
P - interest rate
N - number of years of calculation percent.
a) K= $1,090 , P=8% , N=12 Answer: S= $2 744,81
b) K= $ 1,000 , P=8% , N=12 Answer: S= $ 2 518,17
c) K= $ $890 , P=8% , N=12 Answer: S= $ 2 241,17

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question