Bond x has an 8% annual coupon, bond y has a 10% annual coupon, and bond z has a 12% annual coupon. each of the bonds is noncallable, has a maturity of 10 years, and has a yield to maturity of 10%. which of the following statements is correct? a. bond x has the greatest reinvestment risk. b. if market interest rates decline, the prices of all three bonds will increase, but z's price will have the largest percentage increase. c. if the bonds' market interest rate remains at 10%, bond z's price will be lower one year from now than it is today. d. if market interest rates increase, bond x's price will increase, bond z's price will decline, and bond y's price will remain the same. e. if market interest rates remain at 10%, bond z's price will be 10% higher one year from today.

On july 9, mifflin company receives a $7,400, 90-day, 6% note from customer payton summers as payment on account. compute the amount due at maturity for the note. (use 360 days a year.)

Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct