PDI Ltd has recently restructured its outstanding bond issue. The bond issue has 8 years remaining to maturity and a coupon rate of 10% per annum, with coupons being paid semi- annually. The new arrangement allows the firm to make no coupon payments for the next 5 years. After that period, normal semi-annual coupon payments will resume. At maturity, the face value of $1,000 per bond plus all the deferred (that is, unpaiD. coupons will be paid. If the required rate of return on these bonds is 15% per annum, the current market price of PDI Ltd's bonds should be closest to:

When borrowers want funding to pay for different projects, they go to the loanable funds market and acquire funds through either indirect finance or direct finance. below, you are given five different scenarios. is each an example of direct finance or indirect finance?

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.