Eddie believes that a bond he is purchasing today has an effective annual discount rate of 11%. the bond has 3 remaining coupons of $560 each. the first coupon will be paid in 20 months, and each subsequent payment will be one year after. on the date of the last coupon payment the bond will pay out a face value of $15,000. what is the bond’s present value if eddie’s assumption of the discount rate is correct?
a. 10,336.9
b. 13,225.2
c. 14,680.0
d. 12,336.3
e. 11,5072

1. minimum

2. 6400

3. eight

hope this !

you already gave the answer

step-by-step explanation:

-12 > a

step-by-step explanation:

-11 > 1 + a

subtract 1 from each side

-11-1 > 1-1+a

-12 > a

d 25 pi/6

step-by-step explanation:

the diameter is 10 inches

the radius is 1/2 of the diameter or 5 inches

the area of the circle is

a = pi r^2

  = pi 5^2

  = 25 pi

the slice is 60 degrees of the entire circle.

60 degrees out of 360   60/360 = 1/6

the area of the slice is 1/6 of the circle

a slice = 1/6 a circle

a slice = 1/6 * 25 pi