If you are willing to pay $1,077 for a 15-year $1,000 par value bond that pays 9 percent interest semiannually,

what is your expected rate of return?

What will be an ideal response?

Yield to Maturity = 8.1%

Business

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Most companies that create print catalogs now also provide ________ catalogs to eliminate production, printing, and mailing costs.

A) DVD B) e-mail C) store D) Web-based E) personalized

Business

Interest on a $6,000 note at 8% for 4 months is $160

Indicate whether the statement is true or false

Business