Below is the listing of a bond issued by international business machines corporation (ibm). below the detail of the bond is the information on a recent sale of part of the bond issue. explain what the price of $148.850 on a $100 par value bond means in this purchase. explain how the yield to maturity of 4.058% is calculated. contrast that with the calculation of the current yield of 4.703%. explain why it matters to know if the bond pays interest monthly, semi-annually or annually. this bond does not mature for almost 28 years. explain the concept of interest rate risk in context with this bond for both the issuer and the investor. rating issuer – cusip coupon maturity price yield to maturity a1 – moody's international business 7.000% 10/30/2045 $148.850 4.058% machines corp (ibm) current yield dated minimum size coupon pd callable 4.703% 04/30/1996 5k semi-annual no

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.