The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity

7.5%

Explanation:

Given the following :

Coupon rate = 7.5% semi-annually = 0.0375

Coupon or interest payment per period = $37.5

Period (n)= 6.5 years * 2 = 13

Face value(f) = $1000

Price of bond = face value = $1000

Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]

Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]

Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]

= 37.5 / 1000 = 0.0375 = 3.75%

Yield to maturity = 2 × Semiannual yield to maturity

Yield to maturity = 2 × 3.75% = 7.5%

you get one warning and if you do something to violate the guidelines of after that you get kicked off.

mark as

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.