![lilquongohard](/avatars/34466.jpg)
lilquongohard
25.03.2020 •
Mathematics
Suppose the Chief Financial Officer (CFO) of a company is interested in raising funds for a major investment by issuing bonds of varying maturity to investors. One of the longer-term bonds being issued can be purchased for $ 25,000.00 per bond and pays $ 1,900.00 annually to the investor. What is the anual interest rate on this bond?
Solved
Show answers
More tips
- S Style and Beauty Discover the Art of Nail Design: How Do You Paint Your Nails?...
- P Philosophy How to Develop Extrasensory Abilities?...
- O Other Everything You Need to Know About Kudyabliks...
- C Computers and Internet The Twitter Phenomenon: What it is and How to Use it...
- C Computers and Internet How to Choose a Laptop: Expert Guide and Tips...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: Mathematics
- M Mathematics Trials in an experiment with a polygraph include 96 results that include 22 cases of wrong results and 74 cases of correct results. use a 0.01 significance level...
- M Mathematics Asurvey claims that 7 out of 10 customers recommend western drugs for pharmacy issues. to test the claim, a random sample of 100 customers is obtained from the...
- M Mathematics State the total degrees of freedom for the following t-tests. (if you need to use [infinity], enter infinity.) (a) n = 21 for a one-independent sample t-test (b)...
- M Mathematics Alocal grocery store sells individually packaged slices of cake, all labeled with the same weight of 4 oz. suppose we take a random sample of 49 cake slices and...
- M Mathematics Acivil engineering model for w, the weight (in units of 1000 pounds) that a span of a bridge can withstand without sustaining structural damage is normally distributed....
- M Mathematics In an attempt to avoid having to do laundry often, marcus comes up with a system. he owns 10 shirts that are stored in his dresser. every night, he designates his...
- M Mathematics Acivil engineer is analyzing the compressive strength of concrete. compressive strength is approximately normally distributed with variance σ 2 = 1000 psi2 . a...
- M Mathematics When a group of colleagues discussed where their annual retreat should take place, they found that of all the colleagues: 23 would not go to a park, 26 would not...
- M Mathematics Henry showed all the steps he took to solve the equation. step simplified expression 3 4 sammy tried to verify the solution by substituting g back into the original...
- M Mathematics The blakely family has driven 50 miles of a 200- mile trip. their car travels 30 miles per gallon of gas. how many gallons of gasoline, g, will the car use in the...
Ответ:
The anual interest rate on this bond is 7.6%.
Step-by-step explanation:
The total amount to be invested per bond is 25,000.00 that will be 100% for us, while the return for this investment is 1,900.00. We need to calculate how many percentages the return is related to the amount invested. In order to do that we can use the rule of three as stated bellow:
25,000.00 -> 100%
1,900.00 -> x %
25,000.00*x = 1,900.00*100
25,000*x = 190,000
x = 190,000/25,000 = 7.6 %
The anual interest rate on this bond is 7.6%.
Ответ:
False
Step-by-step explanation:
Because any number below 0 is negative