Find the accumulated amount a if the principal p is invested at the interest rate of r/year for t years. (use a 365-day year. round your answer to the nearest cent. p = $2300, r = 4%, t = 12 1 2 , compounded semiannually

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

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