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Question - On 12/31/17, public debt with a nominal value of € 1,000 is issued at the par with a yield of 3.5% and six-monthly interest payments. Maturity is 12/31/22 (5 years).
a) If on 3/31/19 the security could be segregated into strips, how many coupon strips (IO) would be generated and what would be the nominal amount of each of them?
b) Assuming that interest rates on that date (3/31/19) were 2.75%, at what price could the principal strip (PO) be purchased?
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dustin sports uses a standard cost system in which manufacturing overhead moh is applied to units of product on the
1.On February 1, 2013, Strauss Lombardi issued 9% bonds, dated February 1, with a face amount of $800,000.
the happy day care center is considering an investment that will require an initial cash outlay of 300000 to purchase
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Discussion of both the advantages and disadvantages of minimum wage laws - The U.S. Department of Labor has imposed a minimum wage since 1938. Most states mandate minimum hourly wage rates, too.
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