Calculate the one and two-year zero rate from the following information. Face value Current price Coupon Maturity 100 95 0 1 year 100 92 1.5 paid every six months; 3.0 total per year. 2 years

7.38%

Explanation:

Interest rate is the rate of difference between the current price and face value in a specified period of time in annual terms.

Face value     Current price     Coupon      Maturity

100                   95                         0                  1 year

100                   92                                              1.5 paid every six months

One year rate = ( 100 / 95 ) - 1 = 0.0526 = 5.26%

Now use following formula to calculate the Two years rate

=Rate(4,1.5,-92,100)x2 = 0.0738 = 7.38%

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

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