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Answers by Wan W.

Here is the first principle formula for the bond price (discount or premium):   Price of the bond= BV* CR * { (1+i)^-1 + (1+i)^-2.......+(1+i)^-n} + BV* (1+i)^-n where BV (2000) is the face value or redemption value of the bond; CR (6.5%) is the coupon rate...

Assuming the coupon rate is payable at the end each year....therefore,   Price= 0.08*2000{ (1.06)^-1 +(1.06)^-2 + (1.06)^-3 + (1.06)^-4 +(1.06)^-5}   +  2000*(1.06)^-5  

simplify 3(-15)2 (answer)

I am not sure if you have ever heard of a math simple rule of how to deal with something like your problem. We in the Far East ( Singapore or Malaysia) use the following rule called BODMAS in order to solve your problems. Using this golden rule, we must solve your arithmetic or math problem in the...

 4(100^(2x+1) + 5 = 4005 => 4(100^(2x+1)   = 4005-5= 4000 => 4(100^(2x+1)   = 4(1000)   Eliminate 4 from both side of the equation, you will get   100^(2x+1) = 1000 or 100^(3/2)  ( Remember 100^1/2 =10, 10^3=1000 )   Since...