You have just purchased a municipal bond with a $10,000 par value for $9,500. you purchased it immediately after the previous owner received a semiannual interest payment. the bond rate is 6.6% per year payable semiannually. you plan to hold the bond for 4 years, selling the bond immediately after you receive the interest payment. if your desired nominal yield is 12% per year compounded semiannually, what will be your minimum selling price for the bond? $

1. alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. three bronze machines and only one injection molding machine are available. what are the capacity requirements for the next four years? (assume that there is no learning.)