You bought a 3-year coupon bond for 7,000 today. It has a coupon rate of 10% and a Face Value of 10,000. (assume annual payments end of the year) a. Write out the formula WITH NUMBERS that you would use to determine the Yield to Maturity on this bond.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.