A company’s 5-year bonds are yielding 7% per year. Treasury bonds with the same maturity are yielding 5.2% per year, and the real risk-free rate (r* ) is 2.75%. The average inflation premium is 2.05%, and the maturity risk premium is estimated to be 0.1 3 (t 2 1)%, where t 5 number of years to maturity. If the liquidity premium is 0.7%, what is the default risk premium on the corporate bonds

Answers

Answer 1

Based on the required rate of return, the real risk free rate, and the inflation premium, the default risk premium on the corporate bonds is 1.2%

How is the default risk premium found?

The default risk premium can be found as:

=real risk free rate + Inflation premium + default risk premium + liquidity premium + maturity risk premium

Solving gives:

= 0.07 - 0.0275 - 0.0205 - (0.1 x (t - 1)%)

=  0.07 - 0.0275 - 0.0205 - (0.1 x (5 years - 1)%)

= 1.2%

The default risk premium refers to the return that the bond is offering over what a risk-free bond would offer.

This means that the corporate bond described is offering 1.2% more than what a risk-free government bond would offer.

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Related Questions

50 Points! Multiple choice geometry question. Photo attached. Thank you!

Answers

The coordinates of vertex D in the parallelogram are (-7, -10).

We have,

To find the coordinates of vertex D of the parallelogram, we need to use the properties of a parallelogram.

One of these properties states that opposite sides of a parallelogram are parallel and have equal lengths.

Given that A = (8, 2), B = (6, -4), and C = (-5, -4), we can find the coordinates of D as follows:

Find the vector representing one of the sides of the parallelogram.

We can use the vector AB.

Vector AB = (x-coordinate of B - x-coordinate of A, y-coordinate of B - y-coordinate of A)

= (6 - 8, -4 - 2)

= (-2, -6)

Add this vector to point C to find the coordinates of D.

Coordinates of D = (x-coordinate of C + x-coordinate of AB, y-coordinate of C + y-coordinate of AB)

= (-5 - 2, -4 - 6)

= (-7, -10)

Therefore,

The coordinates of vertex D are (-7, -10).

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12. Sasha surveys students from her homeroom about the number of
siblings each student has. The results are 1, 0, 2, 2, 3, 0, 1, 1, 4,
and 5. What is the mode(s) of the data? (CC.6.SP.5c)
C 1
(D) 1 and 2
in
(A) 1.5
B 0 and 2

Answers

The calculated value of the mode(s) of the data is (a) 1

How to determine the mode(s) of the data?

From the question, we have the following parameters that can be used in our computation:

1, 0, 2, 2, 3, 0, 1, 1, 4, and 5

By definition, the mode of a data is the data that has the highest frequency

Using the above as a guide, we have the following:

The data element 1 has the highest frequency of 3

Other data elements have lesser frequencies

Hence, the mode(s) of the data is (a) 1

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There are 3 feet in a yard. How many centimeters are in a yard?

Answers

One yard is equal to 91.44 centimeters.

To convert yards to centimeters, we can use the following formula:

centimeters = yards * 91.44

Using the above formula, we get:

centimeters = 1 * 91.44
centimeters = 91.44

Therefore, there are 91.44 centimeters in a yard.

How do you write 37 million as using the power of ten exponent

Answers

37 million can be written as 3.7 × 10⁶ in the power of ten exponent notation.

In scientific notation, a number is written as the product of a coefficient and a power of ten.

To convert 37 million to scientific notation, we need to move the decimal point to the left until we have a number between 1 and 10.

Starting with 37 million, we can move the decimal point six places to the left to obtain the number 3.7:

= 37,000,000 -> 3.7

Now, we express this number as a product of the coefficient (3.7) and 10 raised to the power of the number of places we moved the decimal point.

In this case, since we moved the decimal point six places to the left, the exponent of ten is 6:

37 million = 3.7 × 10⁶

Therefore, 37 million can be written as 3.7 × 10⁶ in the power of ten exponent notation.

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The equation of line, L is given by r=3i+3j-k+t 2i-j+3k Find an Cartesian equation for the plane pi which contains L and the origin.​

Answers

The equation of the plane pi is: -6x-7y-9z=0.

To find the equation of the plane that contains the given line L and the origin as well, we first need to find two vectors that lie on the plane. One vector can be the direction vector of the line L, which is (2i - j + 3k). Now to find the second vector, we can take the vector from the origin to any point on the line L, and this vector will lie on the plane.

Let us now take t=0, and find the point on the line L:

r = 3i + 3j - k + 0(2i - j + 3k)

= 3i + 3j - k

So, the vector from the origin to this point is simply (3i + 3j - k). We can just take (3i + 3j - k) as our second vector.

Now, we can find the normal vector of the plane by taking the cross-product of two vectors that we just found, we get:

n = (2i - j + 3k) * (3i + 3j - k)

= -6i - 7j - 9k

Therefore, the equation of the plane pi is: -6x-7y-9z=0.

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Find the area of a triangle whose base (b) is 5 feet and whose height (h) is 2 ft.
(a) 5ft.²
(b) 20ft.²
(c) 100ft.²
(d) 3.5ft.²​

Answers

Answer:

(a) 5 ft^2

Step-by-step explanation:

The formula for area of a triangle is given by the formula,

A = 1/2bh, where

A is the area in square units,b is the base,and h is the height.

Thus, we can plug in 5 for b and 2 for h in the formula to find the area of the triangle in square feet:

A = 1/2(5)(2)

A = (5/2)(2)

A = 10/2

A = 5

Thus, the area of a triangle whose base is 5 ft and whose height is 2 ft is 5 ft^2

Find the area of this trapezoid. Be sure to include the correct unit in your answer.
13 in
10 in
5 in
12 in

Answers

Answer:

12

Step-by-step explanation:

206

5x10 12x13=206 it may be incorrect but i not sure if it is incorrect

Lyndon is making a nylon case for his new snare drum which measures 14 inches in diameter
and is 6 inches deep. If the case fits snugly around the drum, how much nylon will Lyndon
need?

Answers

572 square inches nylon will Lyndon need.

To determine how much nylon Lyndon will need to make a case for his snare drum, we need to calculate the surface area of the drum.

The surface area of a cylinder can be calculated using the formula:

Surface Area = 2π[tex]r^2[/tex] + 2πrh

where r is the radius of the base of the cylinder and h is the height of the cylinder.

Since the diameter of the drum is 14 inches, the radius is 7 inches.

The height of the drum is 6 inches.

So, the surface area of the drum is:

Surface Area = 2π[tex](7)^2[/tex] + 2π(7)(6)

Surface Area = 2π(49) + 2π(42)

Surface Area = 98π + 84π

Surface Area = 182π

Surface Area = 182 pi

Surface Area = 182 x 22/7

Surface Area = 572 squae inches

Therefore, Lyndon will need 182π square inches of nylon to make a case for his snare drum.

This is approximately 572 square inches when rounded to the nearest hundredth.

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50 Points! Multiple choice geometry question. Photo attached. Thank you!

Answers

The measure,

⇒∠s = 124 degree

In the given figure of kite,

PQRS,

Measure of angle p = 22 degree

And angle R is a right angle

Therefore,

∠R = 90 degree

Now we know that for a kite PQRS

Angle Q and Angle S are equal

Now consider,

Angle s is equal to x degree

Therefore,

∠S = ∠ Q = x degree

We know that,

For a kite the sum of interior angle is equal to 360 degree.

Therefore,

⇒ ∠P + ∠Q + ∠R + ∠S = 360

⇒ 22 + x + 90 + x = 360

⇒ 22 + x + 90 + x = 360

⇒                     2x  = 248

⇒                        x  = 124 degree.

Thus,

Measure of angle s = 124 degree.

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Find the area of this semi-circle with diameter 5cm.

Use the л (pi) button on your calculator and give your answer rounded to 2 decimal places.

No spam, please.

Answers

Answer:

Step-by-step explanation:

find the equation of the line that passes through the points (-3,-7) (-3,10

Answers

The equation of the line that passes through point (-3,-7) and point (-3,10) is x = -3.

What is the equation of the line passing through the given coordinates?

The formula for equation of line is expressed as;

y = mx + b

Where m is slope and b is y-intercept.

Given the points through which the line passes: (-3,-7) and (-3,10).

The two given points (-3, -7) and (-3, 10) have the same x-coordinate -3

Hence, the two lines  lie on a vertical line.

since the slope of the vertical line is undefined.

The equation of the line passing through these two points is simply the equation of the vertical line:

x = -3

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The figure shows three tennis balls in a can with each tennis ball having a diameter of 2.5 inches. What is the total volume of the air space around the three tennis balls?

Answers

The total volume of the air space of spherical ball is A = 12.265625 inches³

Given data ,

Since each tennis ball has a diameter of 2.5 inches, the radius of each ball is 1.25 inches.

The air space around the balls can be thought of as a cylinder with a height equal to the diameter of one ball and a radius equal to the radius of one ball.

The height of the cylinder is 2.5 inches, and the radius is 1.25 inches.

The formula for the volume of a cylinder is:

V = πr²h

V = ( 3.14 ) ( 1.25 )² ( 7.5 )

V = 36.796875 inches³

where V is the volume, r is the radius, and h is the height.

So, the volume of the one ball is:

V₁ = ( 4/3 )π(1.25)³

V₁ = 8.177083 inches³

The total volume of three balls is = volume of 3 spherical balls

V₂ = 3V₁ = 3(8.177083) ≈ 24.53125 cubic inches

Therefore, the total volume of the air space around the three tennis balls is approximately A = 36.796875 inches³ - 24.53125 inches³

A = 12.265625 inches³

Hence , the volume of air space is A = 12.265625 inches³

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Five males with an​ X-linked genetic disorder have one child each. The random variable x is the number of children among the five who inherit the​ X-linked genetic disorder. Determine whether a probability distribution is given. If a probability distribution is​ given, find its mean and standard deviation. If a probability distribution is not​ given, identify the requirements that are not satisfied.

Does the table show a probability​ distribution? Select all that apply.

Find the mean of the random variable x. Select the correct choice below​ and, if​ necessary, fill in the answer box to complete your choice.

Find the standard deviation of the random variable x. Select the correct choice below​ and, if​ necessary, fill in the answer box to complete your choice.

Answers

The standard deviation of the random variable x is 1.1145

Since the Probability distribution of a random variable is the collection of value and its probability pair for values of that considered random variable.

The probability of a value of x is never neg.

The sum of the probabilities is always 1.

The sum of all values of P(X = x) equals 1, which is, considering n values

There are no negative values of P(X = x).

Since we are given the probability distribution as below, we will go and calculate the mean and standard deviation using the formula:

E(X)= ∑xP(X=x)

Standard deviation = √Variance(x)

Var(x) = E(x²) - [E(x)]²

X           0          1            2        3        4          5

p(x=x)   0.032   0.152   0.316  0.316  0.152  0.032

First we have to find E(x)

E(x) = (0x0.032) + (1x0.152) + (2x0.316) + (3x0.316) + (0.152) + (5x0.032)

The mean E(x) = 2.5

To find variance, we use Var(x) = E(x²) - [E(x)]²

But we have to calculate E(x²) first, since we already have found E(x)

So,

E(x²) = (0²x0.032) + (1²x0.152) + (2²x0.316) + (3²x0.316) + (4²x0.152) + (5²x0.032)

therefore, E(x²) = 7.492

Now we have all the values we can find the variance:

Var(x) = E(x²) - [E(x)]²

=7.492 - [2.5]²

= 1.242

With variance now we can find the standard deviation;

S.D = √Var(x)

= √1.242

= 1.1145

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Find the area of the shape

Answers

The area of the given figure with rectangle and triangle is 27.5 square centimeters.

The given figure has a rectangle and two triangles.

The area of the rectangle is length times width

Length = 5 cm

Width = 4 cm

Area of rectangle = 5×4

=20 square centimeters

Area of triangle =1/2 base ×height

=1/2×2.5×3

=3.75  square centimeters

As there are two triangles, 2(3.75)=7.5   square centimeters

Total area = 20+7.5

=27.5 square centimeters

Hence, the area of the given figure with rectangle and triangle is 27.5 square centimeters.

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$16,000 is deposited into a savings account with an annual interest rate of 2% compounded continuously. How much will be in the account after 4 years? Round to the nearest cent.

Answers

The amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

Understanding Compound Interest

Recall the compounding formula:

A = P * [tex]e^{rt}[/tex]

Where:

A = Final amount in the account

P = Initial principal (deposit)

e = Euler's number (approximately 2.71828)

r = Annual interest rate (as a decimal)

t = Time in years

Given:

Initial principal (P) = $16,000

Annual interest rate (r) = 2%  = 0.02

time (t) = 4 years.

Substitute these values into the formula, we get:

A = $16,000 * [tex]e^{0.02 * 4}[/tex]

Using a calculator, we can calculate:

A = $16,000 * [tex]e^{0.08}[/tex]

A = $16,000 * 1.0833

A = $17,332.8

Therefore, the amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

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4. Approximate the solution to this system of equations.
y = -2x+6
y = 4x - 1

Answers

The solution of the system of linear equations, is (1.167, 3.667).

Given that the system of linear equations, y = -2x+6 and y = 4x - 1, we need to find the solution for the same,

y = -2x+6............(i)

y = 4x - 1.......(ii)

Equating the equations since the LHS is same,

-2x+6 = 4x-1

6x = 7

x = 1.167

Put x = 1.16 to find the value of y,

y = 4(1.16)-1

y = 4.66-1

y = 3.667

Therefore, the solution of the system of linear equations, is (1.167, 3.667).

You can also find the solution using the graphical method,

Plot the equations in the graph, the point of the intersection of both the lines will be the solution of the system of linear equations, [attached]

Hence, the solution of the system of linear equations, is (1.167, 3.667).

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Nadeen bought a 91-day T-bill that has an interest rate of
4.30% p.a. and a face value of $5,000.
a) How much did she pay for the T-Bill?
b) After 40 days, Barbara sold the T-bill to her friend when the interest rate for this T-bill in the market increased to 5.30% p.a. What was her selling price?

Answers

The 91-day T-bill that Nadeen bought at an interest rate of 4.30% p.a. and face value of $5,000 indicates;

a) Nadeen paid about $4,946.24 for the T-bill

b) Barbara's selling price for the T-bill is about $4,962.74

What is a T-bill?

A Treasury bill (T-bill), is a short-term obligation that is issued by the U.S. Department of Treasury and which is backed by the United States government, and has a maturity of less than a year. T-bills are low risk investment as they are backed by the credit and full faith of the U.S. government.

The formula for the price of the T-bill can be calculated with the formula;

Price = Face Value/(1 + (Interest Rate × Days to Maturity/360))

Plugging in the value from the question, we get;

Price = 5000/(1 + (0.043 × 91/360)) ≈ 4946.24

Therefore, Nadeen paid $4,946.24 for the T-bill

b) The formula for the selling price can be presented as follows;

Selling Price = Face Value/(1 + (Interest Rate × Remaining Days to Maturity/360))

Plugging in the known values, we get;

Selling Price = 5,000/(1 + (0.053 × (91 - 40)/360)) ≈ $4,962.74

Therefore, Barbara sold the T-bill to her friend for $4,962.74

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a girl is 12years old now.what was her age x years ago?​

Answers

6 is the correct answer

Gavin is working two summer jobs making $14 per hour tutoring and $13 per hour landscaping. Last week Gavin worked a total of 10 hours and earned a total of $137. Determine the number of hours Gavin worked tutoring last week and the number of hours he worked landscaping last week.

Answers

Solving a system of equations we can see that Gavin worked 7 hours tutoring.

How to find the number of gours that Gaving worked tutoring?

Let's define the variables:

x = number of hours tutoring.

y = number of hours land scaping.

We know that he worked for 10 hours and earned $137, then we can write a system of equations:

x + y = 10

14x + 13y = 137

Isolating y on the first equation we get:

y = 10 - x

Replace that in the second one to get:

14x + 13*(10 - x) = 137

14x + 130 - 13x = 137

x = 137 - 130 = 7

He worked 7 hours tutoring.

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Hello! Find Domain and range, thank you :-)

Answers

Domain: (-1, infinity]
Range:[-infinity,3)

You may want to check your notation with this as I am rusty with interval notation but here are the answers.

can u give me an answer

Answers

Answer: 0 , 5

Step-by-step explanation:

Imagine a plane taking off, first it drives to gain speed then flies, thats what you can use for coordinates.

X is the driving and Y is the flight.

The X is at 0, and the Y is at 5.

2. Convert the following into a single log statement from the many log statements to 1.
2 Log w+ log 7-3 log x-8 log y
NOTE: You must show this in at least two steps.
1st line should be to convert the 2 the 3 and the 8 only.
2nd line can be the final answer.

Answers

A single log statement from the many log statements to 1 is: [tex]log(7wy^{(-8)}/x^3)[/tex]

The exponent that indicates the power to which a base number is raised to produce a given number are called logarithm.

Use the logarithmic identity:

log[tex](a^n)[/tex] = n*log(a)

to convert the coefficients 2, 3, and 8:

log w + log 7 - 3log x - 8log y

= log w + log 7 - log [tex]x^3[/tex] - log [tex]y^8[/tex]

Combine the terms on the right-hand side using the logarithmic identity:

log(a) + log(b) = log(ab)

log w + log 7 - log[tex]x^3[/tex] - log [tex]y^8[/tex]

= log([tex]7wy^{-8}/x^3[/tex])

Therefore, the single log statement is from the many log statements to 1 is: log[tex](7wy^{-8}/x^3)[/tex]

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What is the equation, in slope-intercept form, of the line parallel to y = 5x + 2 that passes through the point with coordinates (-2, 1)? Show your work on the scratchpad. y = C G City 2 E X​

Answers

Answer:

y = 5x + 11

Step-by-step explanation:

Step 1:  When two lines are parallel, they have the same slope, as indicated by the following equation as m2 = m1, where

m2 is the slope of the line you're trying to find, and m1 is the slope of the line you're given.

Thus, since the slope of line 1 is 5, the slope of line 2 is also 5.

Step 2:  Now we can plug in (-2, 1) for x and y and 5 for m to solve for b, the y-intercept of the other line:

1 = 5(-2) + b

1 = -10 + b

11 = b

Thus, the equation of the line parallel to y = 5x + 2 and passing through (-2, 1) is y = 5x + 11

A straight line is given as 2 x+4 -2 y-5=-3 z-6 (a) Determine the vector equation of the straight line. (b) Find the intersection point between the straight line with the plane yz​

Answers

Answer:

a) r(t) = (10, 5, -5) + (5, 5, 0)*t

b) (0, -5, -5)

Step-by-step explanation:

a) 2x + 4 -2y -5 = -3z -6

2x - 2y +3z +5 =0

(10, 5, -5)

(15, 10, -5)

(5, 5, 0)

r = (10, 5, -5) + (5, 5, 0)*t

b) The yz plane is given by the equation x = 0.

x = 0  in the vector equation of a straight line if and only if  t = -2, than r ( - 2) = (0, -5, -5) is the desired intersection point.

The sector of a circle has an area of 7π/5 square inches and central angle with
measure 56°.
What is the radius of the circle, in inches?

Answers

Answer:

3



Step-by-step explanation:

Area = 7pi/5

56/360 × pi r² = 7pi/5

Pi is canceled on both sides.

r² = 7/5 ÷ 56/360 = 9

r = root 9 = 3

Solve each equation by completing the square. Round to the nearest
necessary.

2x² - 2x +7=5

-2x^2 + 10x =14

4x^2 + 6x = 12

Answers

All the expressions after completing the square each equation are,

⇒ (x - 1/2)² = 5/4

⇒ (x - 5/2)² + 3/4 = 0

⇒ (2x + 3/2)² = 57/4

Given that;

Expressions are,

⇒ 2x² - 2x + 7 = 5

⇒ -2x² + 10x = 14

⇒ 4x² + 6x = 12

Now, We can completing the square each equation as;

⇒ 2x² - 2x + 7 = 5

⇒ x² - x + 7/2 = 5/2

⇒ x² - x + 1/4 - 1/4 + 7/2 = 5/2

⇒ (x - 1/2)² = 1 + 1/4

⇒ (x - 1/2)² = 5/4

⇒ -2x² + 10x = 14

⇒ - x² + 5x = 7

⇒ x² - 5x = - 7

⇒ x² - 5x + 25/4 - 25/4 = - 7

⇒ (x - 5/2)² = - 7 + 25/4

⇒ (x - 5/2)² = - 3/4

⇒ (x - 5/2)² + 3/4 = 0

⇒ 4x² + 6x = 12

⇒ (2x)² + 2×2x×3/2 + 9/4 -9/4 = 12

⇒ (2x + 3/2)² = 12 + 9/4

⇒ (2x + 3/2)² = 57/4

Thus, All the expressions after completing the square each equation are,

⇒ (x - 1/2)² = 5/4

⇒ (x - 5/2)² + 3/4 = 0

⇒ (2x + 3/2)² = 57/4

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NO LINKS!! URGENT HELP PLEASE!!!!

Measuring a Pond: A surveyor is measuring the width of a pond. The transit is setup at point C and forms an angle of 37° from point A to point B. The distance from point C to point A is 54 feet and the distance from point C to point B is 72 feet. How wide is the pond from point A to point B?

Answers

Answer:

43.47 feet (2 d.p.)

Step-by-step explanation:

Points A, B and C form a triangle.

We have been given sides a and b, and their included angle C.

The distance between points A and B is side c of triangle ABC.

Therefore, we can solve this problem using the Law of Cosines, which relates the lengths of the sides of a triangle to the cosine of one of its angles.

[tex]\boxed{\begin{minipage}{6 cm}\underline{Law of Cosines (for finding sides)} \\\\$c^2=a^2+b^2-2ab \cos (C)$\\\\where:\\ \phantom{ww}$\bullet$ $a, b$ and $c$ are the sides.\\ \phantom{ww}$\bullet$ $C$ is the angle opposite side $c$. \\\end{minipage}}[/tex]

Given values:

a = side CB = 72 ftb = side CA = 54 ftC = angle ACB = 37°

Substitute the given values into the Law of Cosines formula and solve for side c:

[tex]\implies c^2=72^2+54^2-2(72)(54)\cos(37^{\circ})[/tex]

[tex]\implies c^2=8100-7776\cos(37^{\circ})[/tex]

[tex]\implies c=\sqrt{8100-7776\cos(37^{\circ})}[/tex]

[tex]\implies c=43.4719481...[/tex]

[tex]\implies c=43.47\; \sf ft\;(2\; d.p.)[/tex]

Therefore, the width of the pond from point A to point B is 43.47 feet, to two decimal places.

Can someone answer this question

Answers

Answer:

The function is given by p(x) = x^2 - 5x^2 + x + 15. The potential rational zeros of the function are given by the factors of the constant term (15) divided by the factors of the leading coefficient (1).

So the potential rational zeros are ±1, ±3, ±5, ±15.

The list of potential rational zeros of the function includes all of the options listed except option (b) -2. Therefore, the answer is (b) -2.

Step-by-step explanation:

PLEASE HELPPP!!!!!!!!!
If tanA= 40/9 and sin B = 45/53
and angles A and B are in
Quadrant I, find the value of tan (A-B).

Answers

The value of tan (A-B) is equal to 715/2052.

To find the value of tan(A - B), we can use the trigonometric identity:

tan(A - B) = (tan(A) - tan(B))/(1 + tan(A)tan(B))

Given that tan(A) = 40/9 and sin(B) = 45/53, we can determine the values of cos(B) and tan(B) using the Pythagorean identity:

sin^2(B) + cos^2(B) = 1

cos(B) = sqrt(1 - sin^2(B))

cos(B) = sqrt(1 - (45/53)^2)

cos(B) = sqrt(1 - 2025/2809)

cos(B) = sqrt(784/2809)

cos(B) = 28/53

tan(B) = sin(B)/cos(B)

tan(B) = (45/53)/(28/53)

tan(B) = 45/28

Now we can substitute the values into the formula for tan(A - B):

tan(A - B) = (tan(A) - tan(B))/(1 + tan(A)tan(B))

tan(A - B) = (40/9 - 45/28)/(1 + (40/9)(45/28))

tan(A - B) = [(1120/252 - 405/252)] / (1 + (1800/252))

tan(A - B) = (715/252) / (2052/252)

tan(A - B) = 715/2052

Therefore, tan(A - B) is equal to 715/2052.

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Write the equation of the ellipse graphed below.

Answers

Answer:

  (x +4)²/25 +(y -3)²/16 = 1

Step-by-step explanation:

You want the equation of the ellipse with center (-4, 3) and semi-axes 5 and 4 in the x- and y-directions, respectively.

Ellipse equation

The standard form equation for an ellipse with center (h, k) and sem-axes 'a' and 'b' in the x- and y-directions, respectively, is ...

  (x -h)²/a² +(y -k)²/b² = 1

Using the given values, we find the equation to be ...

  (x +4)²/25 +(y -3)²/16 = 1

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Additional comment

The longer of the two axes is the "major" axis, and its end points are the "vertices". For the purpose of an ellipse with center, vertices, and co-vertices specified, the equation is not affected by which axis is longer.

Effectively, this is the equation of a circle with different scale factors in the x- and y-directions.

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