Tonya is trying to decide which of two bonds to buy. Bond CH is a 10 percent coupon, 10-year maturity, $1,000 par, January 1, 2017 issue paying annual interest. Bond AW is a 10 percent coupon, 10-year maturity, $1,000 par, January 1, 2017 issue paying semi-annual interest. The market required return for each bond is 10 percent. When determining the price of the bonds, Tonya will find that .

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.