Give the Equation of the Horizontal Asymptote, If Any, of the Function

question 116

Multiple Choice

Give the equation of the horizontal asymptote, if any, of the function.
- $$h ( x ) = \frac { 7 x ^ { 2 } - 5 x - 4 } { 8 x ^ { 2 } - 8 x + 9 }$$

• A) \(y = 0\)
• B) \(y = \frac { 7 } { 8 }\)
• C) \(y = \frac { 5 } { 8 }\)
• D) no horizontal asymptotes

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Definitions:

Bond Premiums

The amount by which the market price of a bond exceeds its face value, typically due to interest rates being lower than the bond's coupon rate.

Term Bond

A term bond is a type of bond that has a fixed maturity date at which the principal amount is to be paid back to investors.

Maturity Date

The specific date on which the principal amount of a bond, loan, or other financial instrument is due to be paid in full.

Contract Rate

The interest rate specified in a contract, such as that in a loan or bond agreement.