Last month Jim purchased $9,400 of U. S. Treasury bonds (their face value was $9,400). These bonds have a 26-year maturity period, and they pay 1.0% interest every three months (i. e., the APR is 44%, and Jim receives a check for $94 every three months). But interest rates for similar securities have since risen to a 99% APR because of interest rate increases by the Federal Reserve Board. In view of the interest-rate increase to 99%, what is the current value of Jim's bonds?
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Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
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Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
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Last month Jim purchased $9,400 of U. S. Treasury bonds (their face value was $9,400). These bonds h...
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