An asset in the market is priced at 12,750 with an annual effective yield rate of 4.5%. the modified duration of the asset is y. garen uses the first-order macaulay approximation to estimate the price of the asset if the yield rate were to decrease by 200 basis points. the result is 15,550. calculate y.

stew reads at the fastest rate of 265 words per minute.

step-by-step explanation:

it's a given that felicia reads at 260 word per minute and on connie's graph we can see that she reads 200 words per minute. since stew's table tells us that he read 795 in 3 minutes, we can divide 795 by 3 to find out how many words he reads per minute.

795/3 = 265

stew reads 265 words per minute - he reads at the fastest rate since felecia reads at 260 words per minute and connie reads at 200 words per minute.

stew (265) > felecia (260) > connie (200)

step-by-step explanation:

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b

step-by-step explanation:

this is because the profit is decreasing and turning into debt