ssued 20-year bonds 15 years ago when market interest rates were relatively high. The bonds have a coupon rate of 8.125%, semiannual payments, and a par value of $1,000. a. Given current market interest rates and the risk of the company, investors require a return of 3% to invest in these bonds. What is the intrinsic value of the bond? b. Suppose the bond’s closing price is quoted at 121.50. What is the bond's current yield? c. If you buy the bond at the quoted closing price, what is the bond's yield to maturity?

Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.