You bought one of rocky mountain manufacturing co.’s 8 percent coupon bonds one year ago for $1,047.80. these bonds make annual payments and mature nine years from now. suppose that you decide to sell your bonds today, when the required return on the bonds is 7.5 percent. if the inflation rate was 4 percent over the past year, what would be your total real return on investment?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.