A bond has 8 years to maturity, a 7 percent coupon, a $1,000 face value, and pays interest semiannually. What is the bond's current price if the yield to maturity is 6.91 percent?
A. $848.16
B. $1,009.73
C. $799.32
D. $917.92
E. $1,005.46
Answer: E
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Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 9.0% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?
A. 9.29 B. 10.33 C. 11.47 D. 12.75 E. 14.02
An assembly line to be balanced has six tasks in precedence. The task times are shown in the following table. Based on demand forecasts, the output rate has to be 160 units per day. The line operates 8 hr a day. Compute the task sequence using the ranked-position-weight rule.
A. A, C and B, D, E, F
B. A, B and E, C, D, F
C. A, B, C, D, E, F
D. A, B, C, D and E, F
The currency exchange system established by the IMF at its inception was known as the gold bullion standard
Indicate whether the statement is true or false
Kathleen wants to make a good first impression when she arrives at her interview. What should she do?
A) Focus on appearing enthusiastic and professional only to her interviewer(s); other people she meets in the office are not as important. B) Initiate a handshake with the interviewer. C) While waiting to be called into the interview, check the Internet on her phone to find out more about the company. D) Kathleen should do all of these.