Assume that a bond has a current price of $856,32, a coupon rate of 10 percent (pays $50 every six months), and that you and the market require a 12 percent
rate of return (6 percent every six months). Based on this information, and
assuming that rates remain constant, determine by how much the price of this
bond will increase over the next 6 months
$1.65
You Answered
$1.56
16 You selected this answer
$1.42
1124
Correct Answer
$1.38

solution:

we have to construct

∠m nt ≅ ∠p qr

the steps to draw this construction are

step 1: use a compass to draw an arc from point q which intersects the side pq at point a and the side qr at point b.

step 2: draw a segment nt and use the same width of the compass to draw an arc from point n which intersects the segment nt at a point x.

step 3:

step 4: join points n and y using a straightedge.

step 3:

option (d).maintaining the same width of the compass as ab, draw an arc from point x such that it intersects the arc drawn from n in a point y.

to draw   congruent angles , 1. width of compasses while drawing two angles should be same i.e from point at which angle has to be drawn, 2.the distance between the two points where the compass intersects the two sides should be same while drawing any two congruent angles.

2 equivalent expressions to represent the area of a rectangle and the top is n-3 and the side is 2

area of the rectangle = length * width

given length = n - 3

width = 2

replace it in the area

so area of the rectangle = (n-3) *2

= 2(n-3)

one of the expression is 2(n-3)

to get another expression we distribute 2 inside the parenthesis

2(n-3) is 2n - 6

so another expression is 2n - 6

two equivalent expression are

2(n - 3)   , 2n - 6