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Question - A bond that matures in 20 years has a ?$1,000 par value. The annual coupon interest rate is 14 percent and the? market's required yield to maturity on a? comparable-risk bond is 13 percent.
a. What would be the value of this bond if it paid interest? annually?
b. What would be the value of this bond if it paid interest? semiannually?
The unit sales price is $100, unit variable cost is $35, and the fixed costs per month are $5,000. The margin of safety in terms of sales revenue is
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Simple interest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Billy have to pay in a 30-day month?
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