What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $875, if
it pays 7% fixed interest for the duration of the
bond?
yield = [?] %.

4a. is 3 miles every hour

4b. is 1/3 of an hour per mile

step-by-step explanation:

answer: i wpould go with c

step-by-step explanation:

soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368