Define major sources of short-term financing for firm

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1. A bond pays annual interest. Its coupon rate is 7%. Its value at maturity is $1,000. It matures in three years. Its yield to maturity is presently 8%. The duration of this bond is ______?

2. Define and compare three major sources of short-term financing for a firm?

3. An investment project provides cash inflows of $735 per year for eight years. What is the project's payback period if the initial cost is $$3,300?

4. Cash flow from operating activities is increased by:

depreciation

an increase in accounts receivable

an increase in inventory

a decrease in accounts payable

all of the above

Reference no: EM131906005

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