Assume you purchased a three-year, 9% coupon bond for $950. It pays annual coupon payment. Suppose interest rates have decreased 1.50% per year from you purchased the bond. Suppose that you sold the bond two years later right after receiving the second coupon payment. What was your rate of return from your investment over the holding period

Aminor has the legal right to repudiate

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.