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in python, #3 please monthly payment = 1-(1 12n I =- user gives the amount of the loan, the interest rate, an Fig. 2.35. 1200
in python, #3 please
monthly payment = 1-(1 12n I =- user gives the amount of the loan, the interest rate, an Fig. 2.35. 1200 Write a program that calculates the monthly payment after the d the number of years. See 3. Bond Yield One measure of a bond's performance is its Yield To Maturity (YTM) YTM values for governm tables. However, they can be approximated with the simple where intr is the interest earned per year, a ent bonds are complex to calculate and are published in formula YTM = + a face value current market price years until maturity and face value +current market price r instance, suppose a bond has a face value of $1.000 a coupon interest rate of 4%, matures in 15 years, and currently sells for $1,180. Then intr = .04. 1.000 40, a-1000-1180 YTM 40 redeemed for when it matures, and the coupon interest rate is the interest rate stated 1000 1180 _-12, b = 1090, and 2.57%. Note: The face value of the bond is the amount it will be 10902 on the bond. If a bond is purchased when it is first issued, then the YTM is the same as the coupon interest rate. Write a program that requests the face value, coupon t rate, current market price, and years until maturity for a bond, and then interes calculates the bond's YTM. See Fig. 2.36. nter face value of bond: 1000 nter coupon interest rate: 04 nter current market price: 1180 Enter price of item: 25.50 Enter weight of item in pounds and ounces separately. Enter pounds: 1Step by Step Solution
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