Convert the Mixed Number into an Improper Fraction $$15 \frac { 5 } { 11 }$$

question 64

Multiple Choice

Convert the mixed number into an improper fraction.
- $$15 \frac { 5 } { 11 }$$

• A) 150
• B) 25
• C) \(\frac { 75 } { 11 }\)
• D) \(\frac { 170 } { 11 }\)

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Definitions:

Coupon Bond

A type of bond that offers periodic interest payments to the holder through fixed "coupons" and the return of the principal at maturity.

Yield To Maturity

The total return expected on a bond if held until its maturity date, including both interest payments and capital gains.

Interest Annually

The amount of interest earned or paid over a one-year period.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, factoring in its current market price, face value, interest rates, and time to maturity.