Tosh. Inc.'s bonds currently sell for $980 and have a par value of $1,000. They pay a $95 annual coupon and have a 12-year maturity, but they can be called in 3 years at $1,150. What is their yield to call (YTC)?

Answers

Answer 1

Answer:

14.24%

Step-by-step explanation:

We have found that the yield to call (YTC) formula is:

YTC = [C + (F-P) / N] / [(F + P) / 2]

Where:

C = Periodic coupon amount = 95

P = Current Price = 980

F = Redemption amount = 1150

N = time left to redemption = 3

We replace:

YTC = [95 + (1150-980) / 3] / [(1150 + 980) / 2]

YTC = 0.1424

In other words, the yield to call (YTC) is equal to 14.24%


Related Questions

Need help finding the length

Answers

Answer:

27

Step-by-step explanation:

First, we need to find x. We are given the perimeter, which is 2l + 2w, so from there, we have an equation of 2(4x-1) + 2(3x+2) = 100. By working through it, we get that x = 7. We're asked to find WX, so plug 7 into 4x - 1 and get 27.

Answer:

27 units

Step-by-step explanation:

Perimeter of rectangle is 2(l) + 2(w).

The perimeter is given 100 units.

2(4x-1) + 2(3x+2) = 100

Solve for x.

8x-2+6x+4=100

14x+2=100

14x=98

x=7

Plug x as 7 for the side WX.

4(7) - 1

28-1

= 27

Starting from an airport, an airplane flies 210 miles southeast and then 210 miles south. How far, in miles, from the airport is the plane? (Round your answer to the nearest mile.)

Answers

Answer:

The plane is 388 miles far from the airport.

Step-by-step explanation:

We know that, the angle between southeast and south directions is [tex]135^\circ[/tex].

The plane travels as per the triangle as shown in the attached image.

A is the location of airport.

First it travels for 210 miles southeast from A to B and then 210 miles south from B to C.

[tex]\angle ABC = 135^\circ[/tex]

To find:

Side AC = ?

Solution:

As we can see, the [tex]\triangle ABC[/tex] is an isosceles triangle with sides AB = BC = 210 miles.

So, we can say that the angles opposite to the equal angles in a triangle are also equal. [tex]\angle A = \angle C[/tex]

And sum of all three angles of a triangle is equal to [tex]180^\circ[/tex].

[tex]\angle A+\angle B+\angle C = 180^\circ\\\Rightarrow \angle A+135^\circ+\angle A = 180^\circ\\\Rightarrow \angle A = \dfrac{1}{2} \times 45^\circ\\\Rightarrow \angle A =22.5^\circ[/tex]

Now, we can use Sine Rule:

[tex]\dfrac{a}{sinA} = \dfrac{b}{sinB}[/tex]

a, b are the sides opposite to the angles [tex]\angle A and \angle B[/tex] respectively.

[tex]\dfrac{210}{sin22.5^\circ} = \dfrac{b}{sin135^\circ}\\\Rightarrow \dfrac{210}{sin22.5^\circ} = \dfrac{b}{cos45^\circ}\\\Rightarrow b = 210\times \dfrac{1}{\sqrt2 \times 0.3826}\\\Rightarrow b = 210\times \dfrac{1}{0.54}\\\Rightarrow b \approx 388\ miles[/tex]

So, the answer is:

The plane is 388 miles far from the airport.

Need answers please !!!!

Answers

inital height is 2 meters

Step-by-step explanation:

2. The table below shows the activity on the credit card statement of Miss Pepper Mills for the month of April. She started the month with a balance of $342.57.
Date Activity Location Amount
04/05 Payment Payment $200.00
04/15 Charge Gas $26.37
04/22 Charge Macy's $105.42
04/25 Charge Starbuck's $4.24

a. Find the average daily balance.

b. If her card charges an 18.5% annual interest rate on her average daily balance, calculate Miss Pepper Mill’s finance charge for the month of April.

Answers

Answer:

Miss Pepper Mills

Credit Card Statement for the month of April:

a. Average Daily Balance:

Average balance = $618.66/5 = $123.73

b. Calculation of Miss Pepper Mill's Finance Charge for the month of April:

Finance charge

= 18.5% of $20.55 x 1/12

= $0.32

Step-by-step explanation:

a) Data and Calculations:

Activity on the credit card statement for April

Beginning balance = $342.57

Date    Activity    Location       Amount     Daily Balance

04/01  Balance                                           $342.57

04/05 Payment  Payment     $200.00       $142.57

04/15  Charge    Gas               $26.37        $116.20

04/22 Charge    Macy's        $105.42          $10.78

04/25 Charge    Starbuck's     $4.24          $6.54

30 days   Total =                                       $618.66

Average balance = Total of the daily balances divided by 30 days

= $618.66/30 = $20.55

The value of the average daily balance and the finance charge for Miss pepper mills are $123.732 and $0.32 respectively.

The average daily balance :

(Sum of balances) ÷ number of purchases

Sum of balances = (342.57+ (342.57-200) +(342.57 - 200 - 26.37) +(342.57-200-26.37-105.42) + (342.57-200-26.37-105.42-4.24)) = $618.66

Average daily balance :

(618.66) ÷ 5 = 123.732

Finance charge for April :

Monthly rate = 18.5% ÷ 12 = 1.541666%

Average balance × daily rate

Average balance = (618.66) ÷ 30 = 20.622

20.622 * 1.5416666% = 0.32

Therefore, the average daily balance and finance charge are $123.732 and $0.32 respectively

Learn more : 149.9448066146972668163077278862934016

Identify the initial amount a and the growth factor b in the exponential function. f(x) = 620 • 7.8x

Answers

Answer:

Initial amount (a)= 620

Growth factor (b)= 7.8

Step-by-step explanation:

620 is the initial amount and is multiplied by 7.8 x which is the growth factor.

Consider a normal distribution with mean 21 and standard deviation 4. What is the probability a value selected at random from this distribution is greater than 21

Answers

Answer:

P [ Z > 21 ] = 0,5   or   P [ Z > 21 ] = 50 %

Step-by-step explanation:

Normal Distribution N(21;4)

The question here is what is the area of the bell shape curve. As 21 is a mean for this distribution is in the middle of the bell, so values bigger than 21 will have a probability of 0,5, and values smaller than 21 will have the same probability 0,5. We must remember that the whole area under the curve has an area of 1 ( or 100% )

What is the value of x in the equation 5 (4 x minus 10) + 10 x = 4 (2 x minus 3) + 2 (x minus 4)?

Answers

Answer:

x = 1.5

Step-by-step explanation:

5(4x-10)+10x=4(2x-3)+2(x-4)

Distribute(5)

20x-50+10x=4(2x-3)+2(x-4)

Distribute(4)

20x-50+10x=8x-12+2(x-4)

Distribute(2)

20x-50+10x=8x-12+2x-8

Combine like terms

30x-50=10x-20

Subtract(10x)

20x-50=-20

Add(50)

20x=30

Divide(20)

x = 1.5

Hope it helps <3

Answer:

x = 3/2

Step-by-step explanation:

5 ( 4x - 10) + 10x = 4(2x - 3) + 2(x - 4)

Expand the terms

That's

20x - 50 + 10x = 8x - 12 + 2x - 8

Simplify

30x - 50 = 10x - 20

Group the constants at the right side of the equation

That's

30x - 10x = - 20 + 50

20x = 30

Divide both sides by 20

x = 3/2

Hope this helps you

3. Use the Counting Principle to find the probability.
rolling a 1 on each of 4 number cubes
329
324
1
24
1
1, 296​

Answers

Step-by-step explanation:

Each number cube has 6 possible values, so there are 6⁴ = 1296 possible permutations.  Only 1 of those permutations is all ones.  Therefore, the probability is 1/1296.

a 12- inch ruler is duvided into 3 parts. the large part is 3 times longer than the small. the meddium part is times longer than then small, the medium part is 2 times long as the smallest .how long is the smallest part?

Answers

Answer:

2 inches

Step-by-step explanation:

x= smallest

3x=largest

2x=medium

x+3x+2x=12

6x=12

x=2

so smallest is 2

largest is 6 (3x)

medium is 4 (2x)

2+6+4=12

Which steps can be used in order to determine the solution to Negative 1.3 + 4.6 x = 0.3 + 4 x?

Answers

Answer:

x=8/3 OR 2.7

Step-by-step explanation:

-1.3+4.6x=0.3+4x

4.6x-4x=0.3+1.3

0.6x=1.6

x=1.6/0.6=8/3

x=8/3 OR 2.7

Hope this helps!

Answer:

[tex]\boxed{x = 2\frac{2}{3} }[/tex]

Step-by-step explanation:

[tex]-1.3+4.6x = 0.3 +4x[/tex]

Collecting like terms

[tex]4.6 x -4x = 0.3+1.3[/tex]

[tex]0.6x = 1.6[/tex]

Dividing both sides by 0.6

x = 1.6 / 0.6

x = 2 2/3

Holly wants to save money for an emergency. Holly invests $500 in an account that pays an interest rate of 6.75% How many years will it take for the account to
reach $14,300? Round your answer to the
nearest hundredth.

Answers

Answer:

51.339

Step-by-step explanation:

Hello,

At the beginning Holly has $500

After one year

   he will get 500*(1+6.75%)=500*1.0675

After n year (n being real)

   he will get

   [tex]500\cdot1.0675^n[/tex]

and we are looking for n so that

   [tex]500\cdot1.0675^n=14,300\\<=> ln (500\cdot1.0675^n)=ln(14,300)\\<=>ln(500)+n\cdot ln(1.0675)=ln(14,300)\\<=> n= \dfrac{ln(14,300)-ln(500)}{ln(1.0675)}=51.338550...\\[/tex]

so we need 51.339 years

Hope this helps

Use the given categorical data to construct the relative frequency distribution. Natural births randomly selected from four hospitals in a highly populated region occurred on the days of the week​ (in the order of Monday through​ Sunday) with the frequencies 53​, 63​, 68​, 58​, 61​, 43​, 54. Does it appear that such births occur on the days of the week with equal​ frequency?

Answers

Answer: Yes

Step-by-step explanation:

See explanations in the attached document

The length of a rectangle is four times its width. If the perimeter of the rectangle is 50 yd, find its area

Answers

Answer:

100yd²

Step-by-step explanation:

length=4x

width=x

perimeter=2(l+w)

50=2(4x+x)

50=2(5x)=10x

50=10x

x=5yd

width=5yd

length=20yd

area=length×width

=20×5

=100yd²

Answer:

[tex]\boxed{\red{100 \: \: {yd} ^{2}}} [/tex]

Step-by-step explanation:

width = x

length = 4x

so,

perimeter of a rectangle

[tex] p= 2(l + w) \\ 50yd = 2(4x + x) \\ 50yd= 2(5x) \\ 50yd= 10x \\ \frac{50yd}{10} = \frac{10x}{10} \\ x = 5 \: \: yd[/tex]

So, in this rectangle,

width = 5 yd

length = 4x

= 4*5

= 20yd

Now, let's find the area of this rectangle

[tex]area = l \times w \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 20 \times 5 \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 100 {yd}^{2} [/tex]

Identify which equations have one solution, infinitely many solutions, or no solution. No

Answers

Answer: all of them have one solutions

Step-by-step explanation:

amanda teaches the art of quilling to 4 students. These students each teach art of quilling to 4 other students. If this process continues for 5 generation after amanda, BLANK people other than amanda will know the art of qiulling

Answers

Answer:

1024

Step-by-step explanation:

4 * 4 * 4 * 4 * 4

Choose the correct answer.
1/1,000 liter

A: 1 milliliter
B: 1 deciliter
C: 1 centiliter

Answers

Answer:

A. 1 milliliter

Step-by-step explanation:

1000 milliliters = 1 liter

0.001 liters = 1 milliliter

As 1/1000 is 10^-3, if you remember the S.I prefixes, you will know that that is 1 mL

For the following telescoping​ series, find a formula for the nth term of the sequence of partial sums ​{Sn​}. Then evaluate Lim Sn to obtain the value of the series or state that the series diverges.
n→[infinity]
[infinity]
Σ (4/√k+5 ) - 4/ √ k+6)
k=1

Answers

Looks like the series is

[tex]\displaystyle\sum_{k=1}^\infty\left(\frac4{\sqrt{k+5}}-\frac4{\sqrt{k+6}}\right)[/tex]

This series has n-th partial sum

[tex]S_n=\displaystyle\sum_{k=1}^n\bullet[/tex]

(where [tex]\bullet[/tex] is used as a placeholder for the summand)

[tex]S_n=\displaystyle\left(\frac4{\sqrt6}-\frac4{\sqrt7}\right)+\left(\frac4{\sqrt7}-\frac4{\sqrt8}\right)+\cdots+\left(\frac4{\sqrt{n+4}}-\frac4{\sqrt{n+5}}\right)+\left(\frac4{\sqrt{n+5}}-\frac4{\sqrt{n+6}}\right)[/tex]

In each grouped term, the last term is annihilated by the first term of the next group; that is, for instance,

[tex]\displaystyle\left(\frac4{\sqrt6}-\frac4{\sqrt7}\right)+\left(\frac4{\sqrt7}-\frac4{\sqrt8}\right)=\frac4{\sqrt6}-\frac4{\sqrt8}[/tex]

Ultimately, all the middle terms will vanish and we're left with

[tex]S_n=\dfrac4{\sqrt6}-\dfrac4{\sqrt{n+6}}[/tex]

As [tex]n\to\infty[/tex], the last term converges to 0 and we're left with

[tex]\displaystyle\sum_{k=1}^\infty\bullet=\lim_{n\to\infty}S_n=\frac4{\sqrt6}=\boxed{2\sqrt{\dfrac23}}[/tex]

Base: z(x)=cosx Period:180 Maximum:5 Minimum: -4 What are the transformation? Domain and Range? Graph?

Answers

Answer:

The transformations needed to obtain the new function are horizontal scaling, vertical scaling and vertical translation. The resultant function is [tex]z'(x) = \frac{1}{2} + \frac{9}{2} \cdot \cos \left(\frac{\pi\cdot x}{90^{\circ}} \right)[/tex].

The domain of the function is all real numbers and its range is between -4 and 5.

The graph is enclosed below as attachment.

Step-by-step explanation:

Let be [tex]z (x) = \cos x[/tex] the base formula, where [tex]x[/tex] is measured in sexagesimal degrees. This expression must be transformed by using the following data:

[tex]T = 180^{\circ}[/tex] (Period)

[tex]z_{min} = -4[/tex] (Minimum)

[tex]z_{max} = 5[/tex] (Maximum)

The cosine function is a periodic bounded function that lies between -1 and 1, that is, twice the unit amplitude, and periodicity of [tex]2\pi[/tex] radians. In addition, the following considerations must be taken into account for transformations:

1) [tex]x[/tex] must be replaced by [tex]\frac{2\pi\cdot x}{180^{\circ}}[/tex]. (Horizontal scaling)

2) The cosine function must be multiplied by a new amplitude (Vertical scaling), which is:

[tex]\Delta z = \frac{z_{max}-z_{min}}{2}[/tex]

[tex]\Delta z = \frac{5+4}{2}[/tex]

[tex]\Delta z = \frac{9}{2}[/tex]

3) Midpoint value must be changed from zero to the midpoint between new minimum and maximum. (Vertical translation)

[tex]z_{m} = \frac{z_{min}+z_{max}}{2}[/tex]

[tex]z_{m} = \frac{1}{2}[/tex]

The new function is:

[tex]z'(x) = z_{m} + \Delta z\cdot \cos \left(\frac{2\pi\cdot x}{T} \right)[/tex]

Given that [tex]z_{m} = \frac{1}{2}[/tex], [tex]\Delta z = \frac{9}{2}[/tex] and [tex]T = 180^{\circ}[/tex], the outcome is:

[tex]z'(x) = \frac{1}{2} + \frac{9}{2} \cdot \cos \left(\frac{\pi\cdot x}{90^{\circ}} \right)[/tex]

The domain of the function is all real numbers and its range is between -4 and 5. The graph is enclosed below as attachment.

The radius of a right circular cone is increasing at a rate of 1.1 in/s while its height is decreasing at a rate of 2.4 in/s. At what rate is the volume of the cone changing when the radius is 109 in. and the height is 198 in.

Answers

Answer:

[tex]79591.8872 in^3/s[/tex]

Step-by-step explanation:

we know that the volume of a right circular cone is give as

[tex]V(r,h)= \frac{1}{3} \pi r^2h\\\\[/tex]

Therefore differentiating partially  with respect to  r and h we have

[tex]\frac{dV}{dt} = \frac{1}{3}\pi [2rh\frac{dr}{dt} +r^2\frac{dh}{dt}][/tex]

[tex]\frac{dV}{dt} = \frac{\pi}{3} [218*198*1.1+109^2*2.4][/tex]

[tex]\frac{dV}{dt} = \frac{\pi}{3} [47480.4+28514.4]\\\\\frac{dV}{dt} = \frac{\pi}{3} [75994.8]\\\\ \frac{dV}{dt} = 3.142 [25331.6]\\\\ \frac{dV}{dt} =79591.8872 in^3/s[/tex]

solve for the variable x^2 - 8 = -1 Show all work please

Answers

Answer:

x = ±sqrt(7)

Step-by-step explanation:

x^2 - 8 = -1

Add 8 to each side

x^2 - 8+8 = -1+8

x^2 = 7

Take the square root of each side

sqrt(x^2) = ±sqrt(7)

x = ±sqrt(7)

Duane is making cookies. The recipe calls for two times as many cups of sugar as butter, two times as many cups of oats as sugar, and two times as many cups of flour as oats. If Duane puts in one cup of butter, how many cups of flour does he need to add? (also this is from MobyMax)

Answers

Answer:

Step-by-step explanation:

Let b represent the number of cups of butter needed.

Let s represent the number of cups of sugar needed.

Let o represent the number of cups of oat needed.

Let f represent the number of cups of flour needed.

The recipe calls for two times as many cups of sugar as butter. It means that

s = 2b

Two times as many cups of oats as sugar. It means that

o = 2s

Two times as many cups of flour as oats. It means that

f = 2o

If Duane puts in one cup of butter, it means that b = 1

Therefore,

s = 2 × 1 = 2 cups

o = 2s = 2 × 2 = 4 cups

f = 2o = 2 × 4 = 8 cups

Therefore, he needs to add 8 cups of flour

Answer: Let b represent the number of cups of butter needed. Let s represent the number of cups of sugar needed. Let o represent the number of cups of oat needed. Let f represent the number of cups of flour needed. The recipe calls for two times as many cups of sugar as butter. It means that s = 2bTwo times as many cups of oats as sugar. It means that o = 2sTwo times as many cups of flour as oats. It means that f = 2oIf Duane puts in one cup of butter, it means that b = 1Therefore, s = 2 × 1 = 2 cupso = 2s = 2 × 2 = 4 cupsf = 2o = 2 × 4 = 8 cups Therefore, he needs to add 8 cups of flour

Step-by-step explanation:

I really need help! Please help, i don't understandddd

Answers

Answer:

x is 2

Step-by-step explanation:

To solve this you have to use the Pythagoram theorem A^2+B^2=C^2. So 9+16=C^2.

25=C^2

c=5

Than since u know the radius of the circle is 3, its 5-3 so x is 2.

If 4 bushels of oats weigh 58 kg, how much do 6.5 bushels of oats weigh?

Answers

Answer:

94.25 kg I think

Step-by-step explanation:

58/4 =14.5 kg per bushel

6.5 x 14.5=94.25 kg

Answer:

94.25

Step-by-step explanation:

First you need to find the unit rate which is 58/4 which equals to 14.5 then you multiply by 6.5 to find 94.25

If Juan drives 50 mph for 1/2 hour then 60 mph for 1 1/2 an hour, how far does he drive?

Answers

Answer:

115 miles

Step-by-step explanation:

First find the distance at 50 mph

d = 50 mph * .5 hours

   = 25 miles

Then find the distance at 60 mph

d = 60 mph * 1.5 hours

   = 90 miles

Add the distances together

25+90

115 miles

Answer:

he drives a 115 miles

Step-by-step explanation:

if he drives 50 mph for half an hour he drove 25 miles then if he drives 60 mph for 1 hour and 30 minutes he would of drove 90 miles. 60 + 30=90

90+25=115 so he drove 115 miles.

4 to the 4th power equals 256. Explain how to use that fact to more quickly evaluate 4 to the 5th power.

Answers

Answer: Because 4 is the base of what is being exponentially multiplied, you can multiply 256 by 4 to get 4^5

Hi there! Hopefully this helps!

--------------------------------------------------------------------------------------------------------

So, we know that 4 to the 4th power equals 256.

4 to the 4th power = 4 x 4 x 4 x 4.

So we can add another 4 to the equation to quickly get out answer for 4 to the 5th power.

4 to the 5th power = 4 x 4 x 4 x 4 x 4 = 1024.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Or you could break the equation into parts.

For example, there are FOUR 4s in the equation.

4 x 4 = 16.

4 x 4 = 16.

16 x 16 = 256.

Now since we've added ANOTHER 4, it should look like this:

16 x 16 = 256.

256 x 4 = 1024.

A basketball team plays half of its games during the day and half at night. Ten scores from day games and ten scores from night
games were randomly selected by the team's statistician. The following statistical information was calculated from the final game
scores.
Day Night
Mean 58 72
Median 46 63
Mode 50. 70
Range 21 33

Based on these samples, what generalization can be made?
A. The basketball team scored the same number of points in day games as night games.
OB. The basketball team scored more points in night games than in day games.
OC. The basketball team scored more points in day games than in night games.
OD. Not enough information is provided to draw any of these conclusions,

Answers

Option B

Because the average points scored in the night is more than that of the day

Which is the graph of x – y = 1?

Answers

Answer:

Step-by-step explanation:

Hope you can see it.

Which presents a quadratic function

Answers

Answer:

The answer is option 2.

Step-by-step explanation:

Quadratic function is always written in the form of ax² + bx + c where the highest power of x is 2.

In the options above :

Option 1 is Cubic function.

Option 2 is Quadratic function.

Option 3 and 4 are Linear function.

Answer:

I guess....

Step-by-step explanation:

option 2............

In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $112 with a standard deviation of $16. Use a 0.05 level of significance and determine whether or not the average room price is significantly different from $108.50.
Which form of the hypotheses should be used to test whether or not the average room price is significantly different from $108.50?
H0:
a. mu is greater than or equal to $108.50
b. mu is greater than $108.50
c. mu is less than $108.50mu is less than or equal to $108.50
d. mu is equal to $108.50mu is not equal to $108.50
Ha:
a. mu is greater than or equal to $108.50
b. mu is greater than $108.50mu is less than $108.50
c. mu is less than or equal to $108.50
d. mu is equal to $108.50mu is not equal to $108.50

Answers

Answer:

H0 :

a. mu is greater than or equal to $108.50

Ha:

c. mu is less than or equal to $108.50

Step-by-step explanation:

The correct order of the steps of a hypothesis test is given following  

1. Determine the null and alternative hypothesis.

2. Select a sample and compute the z - score for the sample mean.

3. Determine the probability at which you will conclude that the sample outcome is very unlikely.

4. Make a decision about the unknown population.

These steps are performed in the given sequence

In the given scenario the test is to identify whether the average room price significantly different from $108.50. We take null hypothesis as mu is greater or equal to $108.50.

Find two numbers in a given ratio such that the difference of their squares is to the sum of the numbers in a given ratio.Ratios, respectively, are 3 to 1 and 6 to 1.

Answers

According to the given situation, the computation of two number in a given ratio is shown below:-

We assume the numbers is x and y

Given that

[tex]\frac{x}{y} = \frac{3}{1}[/tex]

x = 3y

and

[tex]\frac{x^2-y^2}{x + y} = \frac{6}{1} \\\\\frac{(x + y) (x - y)}{(x + y)} = 6[/tex]

With the help of above formula we will put the value and be able to find the values of x and y

x - y = 6

3y - y = 6

2y = 6

y = 3

x = 3y = 9

x = 9, y = 3

Therefore the correct answer is x = 9 where as y = 3

Other Questions
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