(bond
valuation)
bellingham bonds have an annual coupon rate of
8
percent and a par value of
$1,000
and will mature in
10
years. if you require a return of
7
percent, what price would you be willing to pay for the bond? what happens if you pay more for the bond? what happens if you pay less for the bond?
a. the price you would be willing to pay for the bond is
$nothing .
(round to the nearest cent.)

hope it you

step-by-step explanation:

sin(7pi/6 - pi/3)  

= sin(7pi/6 - 2pi/6)  

= sin(5pi/6)  

= sin(pi - pi/6)  

= sin(pi/6)  

= 1/2  

sin 7pi/6 - sin pi/3  

= sin (pi + pi/6) - sin pi/3  

= -sin pi/6 - sin pi/3  

= -1/2 - sqrt(3)/2  

= -(1+sqrt(3))2

step-by-step explanation:

we have

using a graphing tool

see the attached figure

this is a quadratic equation (vertical parabola) open up

the vertex is a > vertex

the domain of the function is all real > interval (-∞,∞)

the range of the function is the > [-6.125,∞)

the function has two x->   and

the function is increasing over the > (0.25,∞)

the function is decreasing over the > (-∞,0.25)