Gold Inc. offers a 4.85% coupon bond with annual payments. The yield to maturity is 5.85%, the maturity date is 20 years and face value is $1,000 . What is the price of the bond?
1 Face value (FV) $ 1,000 2 Coupon rate 4.85% 3 Number of compounding periods per year 1 4 = 1*2/3 Interest per period (PMT) $ 48.50 5 Number of years to maturity 20 6 = 3*5 Number of compounding periods till maturity (NPER) 20 7 Market rate of return/Required rate of return 5.85% 8 = 7/3 Market rate of return/Required rate of return per period (RATE) 5.85% Bond price PV(RATE,NPER,PMT,FV)*-1 Bond price $ 883.89
Research a topic in probability that interests you. Explain the importance of this data and what you find interesting about the results. Possible topics include polygraphs and telling the truth, finding a blood type for a transfusion or kidney for a transplant, right-handedness or left-handedness in athletics, types and use of social media in different countries, or the chance of getting a disease overseas. Describe the example, the probabilities, and what you can determine given your research. Use a website reference for your data and cite your source. For five extra points, create a new thread called Extra Credit Probability Post, watch this video https://www.youtube.com/watch?v=u8eRgw1wJyg, explain one example from the video and apply the concept to a situation in your life. An outside reference is required here too, but you only need to reply to one student.
The research focus on addition, multiplication and complement rule of probability. Addition rule: If A and B are disjoint events, P(A U B)=P(A)+P(B) Multiplication rule: If A and B are independent events, then the probability of A and B is P(A inverted U B)=P(A)*P(B). The American Red cross says that about 45% of the U.S population has Type O blood, 40% Type A, 11% Type B, and rest has Type AB.(source: www.redcross.org) Now, someone volunteer to give blood to a ptient who requires it during kidney transplant, find what is the probability that this donor has Type AB blood, has Type A or Type B, or is not Type O? P(O)=0.45, P(A)=0.40, P(B)=0.11, P(AB)=1-(0.45+0.40+0.11)=0.04 P(A or B)=P(A)+P(B)=0.40+0.11=0.51 P(Oc)=1-P(O)=1-0.45=0.55
Which of the following is not a form of product positioning? A) Packaging and color B) Brand recognition C) Financing D) Shelf positioning
D) Product positioning