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| rev | Admin | (Created page with "'''Solution: A''' Let <math>i</math> be the yield rate, <math>\mathrm{v}=1 /(1+i)</math>, and let <math>n</math> be the term. For Bond A, 20,000v <math>v^n=10,000</math> and so <math>v^n=0.5</math>. For Bond <math>\mathrm{B}, 10,835 \cdot 58\left(v^n+0.04 a_{n i}\right)=10,000</math> and so <math display="block"> a_{n i}=\left(\frac{10,000}{10,835.58}-0.5\right) / 0.04=10.5721 \text {. } </math> For Bond C, <math display="block"> 10,000=X\left(v^n+0.03 a_{n i}\righ...") | Nov 19'23 at 22:35 | +546 |