You have a 2 year coupon bond with a coupon rate of 6 percent and a yield-to-maturity of 6.5 (continuously compounded). a. Compute the theoretical bond price. (Hint: Instead of using zero (spot) rate, use the yield to maturity) b. Compute the duration and convexity. c. Compute the new bond price when the yield to maturity moves up 10 basis points. d. Approximately compute the new bond price using only the obtained duration. (Hint: ΔP = − ⋅ Δy) 2 e. Approximately compute the new bond price with the duration and convexity. (Hint: ΔP = −P ⋅ ⋅ Δy + 1 2 P ⋅ ⋅ (Δy)

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.