What is the current price of a $1,000 par value bond maturing in 9 years with a coupon rate of 8 percent, paid annually, that has a YTM of 9 percent?
A) $700
B) $945
C) $940
D) $1,062
C
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This question contains several parts; be sure to answer each. Describe the characteristics of a good vision statement, and list at least three of the questions that a good vision statement will ask. Finally, evaluate how well IKEA's vision statement matches each question.
What will be an ideal response?
In the sentence Twitter, along with LinkedIn, remains a popular networking site for business professionals, the simple subject is ______
A) Twitter B) LinkedIn C) site D) ?professionals
Under the TILA, for subprime mortgage loans, a lender:
a. may charge a prepayment penalty any time the loan is paid off before its due date. b. must collect property taxes and homeowner's insurance for all first mortgages. c. may not change the amount of the monthly payment during the period of the loan. d. may consider the value of the home in determining the borrower's ability to repay the loan.
Rosalind, a seventeen-year-old, signs a contract to sell her car to Street Fleet Used Cars. The next day, Rosalind tells Street Fleet that she's decided not to sell the car. Rosalind is liable to Street Fleet for A) ?the cost of a car of comparable value
B) ?the value of her performance under the contract. C) ?the amount of its profit on the deal. D) ?nothing.