Most modems include fallback capability to lower speed standards

The U.S. Treasury has issued 10-year zero coupon bonds with a face value of $1,000. Assume that coupon payments are normally semiannual. What will be the current market price of these bonds if the opportunity cost for similar investments in the market is 6.75 percent?

A) $684 B) $860 C) $515 D) $604

Suppose a company enjoys an increase in revenue due entirely to an increase in the price of its product. Which of the following increases as a result? Choose two

a) variable costs b) fixed costs c) after-tax profit d) profits tax e) interest expense