Assume a $1,000 face value bond has a coupon rate of 7.2 percent paid semiannually and has an eight-year life. Required:
a. If investors are willing to accept a 10.3 percent rate of return on bonds of similar quality, what is the present value or worth of this bond?
b. What is the value of the bond if investors wanted an 6.7-percent rate of return?

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.