A30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.0%. (do not round intermediate calculations. enter your answers as a percent rounded to 3 decimal places.) a. what is the yield to maturity if the bond is selling for $970? yield to maturity % b. what is the yield to maturity if the bond is selling for $1,000? yield to maturity % c. what is the yield to maturity if the bond is selling for $1,130? yield to maturity %

Why should managers invest any excess cash

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?