Kic, inc., plans to issue $4 million of bonds with a coupon rate of 7 percent and 10 years to maturity. the current market interest rates on these bonds are 6 percent. in one year, the interest rate on the bonds will be either 12 percent or 6 percent with equal probability. assume investors are risk-neutral. if the bonds are noncallable, what is the price of the bonds today?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?