In October 2011, The Ohio State University sold $500 million worth of 100-year bonds, becoming the first public university to issue a so-called century bond. The bonds were priced to yield 4.849%, which was 1.70 percentage points over 30-year Treasury rates. Ohio State was established in 1870, has 64,077 enrolled students, and has a campus of more than 1,700 acres with 457 buildings. Two private universities, Massachusetts Institute of Technology (MIT) and the University of Southern California, had issued century bonds earlier that year. Typically, universities such as Ohio State issue 30-year tax-free bonds with fixed or floating interest rates. Public and private universities are tax-exempt institutions, but the income from century bonds is taxable to the buyer. What are the likely economic advantages to Ohio State of issuing century bonds

The u.s. stock market has returned an average of about 9% per year since 1900. this return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year. if you invest $100,000 and you earn 6% a year on it, how much real purchasing power will you have in 30 years?

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?