A nolo contendere plea is an admission of guilt and is treated as such by a judge

Endicott Enterprises Inc. has issued 30-year semiannual coupon bonds with a face value of $1,000. If the annual coupon rate is 14% and the current yield to maturity is 8%, what is the firm's current price per bond?

A) $578.82 B) $579.84 C) $1,675.47 D) $1,678.70

It is now five years later, and Adrian has saved enough money for a 20 percent down payment on a house. He will have to borrow $135,000 in a 30-year loan with an annual interest rate of 6 percent compounded monthly

What will his monthly mortgage payment be? A) $1,199.55 B) $809.39 C) $779.98 D) $397.50