nandalabella06
08.11.2021 •
Business
Bond Prices Aloha Inc. has 7 percent coupon bonds on the market that have 12 years left to maturity. If the YTM on these bonds is 9.1 percent, what is the current bond price
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Ответ:
D
Step-by-step explanation:
10*20=200
200 + 1020= 1220
Works for the first one
20*20=400
400+ 1020=1420
Works for the second one
30*20=600
600+1020=1620
Works for the third one, and all the others one so forth.
You take the number on the left (10, 20, 30, 40, 50, 60, 70) and times it by 20, replacing the x in the equation with the number on the left side of the table. Then you add the number from said equation to result of the multiplication from the first step.