Solve the problem.Find the face value (to the nearest thousand dollars) of the 30-year zero-coupon bond at 5.9% (compounded semiannually) with a price of $6990.

A. $40,000
B. $55,000
C. $55,800
D. $40,500


Answer: A

Mathematics

You might also like to view...

Graph the function with a graphing utility.y = 

A.

B.

C.

D.

Mathematics

Classify the equation as a contradiction, an identity, or a conditional equation.12k + 78 = 3(4k + 23)

A. Conditional B. Identity C. Contradiction

Mathematics

Provide an appropriate response.Given matrix A:A = What is the size of A?

A. 3 B. 3 × 2 C. 3 × 3 D. 2 × 3

Mathematics

Complete the identity. = ?

A. tan ? + 1 B. cot ? + cot ? C. cot ? + tan ? D. cot ? + tan ?

Mathematics