Simon purchases a bond, newly issued by amalgamated corporation, for $1000. the bond pays $60 to its holder at the end of the first and second years and pays $1,060 upon its maturity at the end of the third year. a, what are the principal amount, the term, the coupon rate, and the coupon payment for simon`s bond? b, after recieving the second coupon payment (at the en of the second year ), simon decides to sell his bond in the bond sell market. what price can he expect for his bond if the one-year interest rate at the time is 3 percent? 8 percent? 10 percent? c, can you think of a reason that the price of simon`s bond after two years might fall below $1000, even though the market interest equals the coupon rate?

James jones is the owner of a small retail business operated as a sole proprietorship. during 2017, his business recorded the following items of income and expense: revenue from inventory sales $ 147,000 cost of goods sold 33,500 business license tax 2,400 rent on retail space 42,000 supplies 15,000 wages paid to employees 22,000 payroll taxes 1,700 utilities 3,600 compute taxable income attributable to the sole proprietorship by completing schedule c to be included in james’s 2017 form 1040. compute self-employment tax payable on the earnings of james’s sole proprietorship by completing a 2017 schedule se, form 1040. assume your answers to parts a and b are the same for 2018. further assume that james's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property. calculate james's 2018 section 199a deduction.