(Bond market) There are three bonds in the market as follows:. 1. A bond with 4% coupon rate (paid annually), 10 years to maturity, and $1,000 face value
2. A bond with 4% plus current (short) rate (paid annually), 10 years to maturity, and $1,000 face value
3. A bond with 8% minus current (short) rate (paid annually), 10 years to maturity, and $1,000 face value
The prices of the bonds are $950, $1,100, and $900, respectively.
(a) Derive the price of a zero-coupon bond with 10 years to maturity and $1,000 face value.
(b) Derive the price of a floating-rate bond (coupon paid annually) with 10 years to maturity and $1,000 face value.

At which stage of marketing strategy would the marketing team address the question, "should we engage in these practices? "

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.