An investor is considering buying one of two 10-year, $1,000 face value, noncallable bonds: bond a has a 7% annual coupon, while bond b has a 9% annual coupon. both bonds have a yield to maturity of 8%, and the ytm is expected to remain constant for the next 10 years. which of the following statements is correct? a. bond b has a higher price than bond a today, but one year from now the bonds will have the same price. b. bond a has a higher price than bond b today, but one year from now the bonds will have the same price. c. one year from now, bond a's price will be higher than it is today. d. both bonds have the same price today, and the price of each bond is expected to remain constant until the bonds mature. e. bond a's current yield is greater than 8%.

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal