Consider the following zero-coupon yields on default free securities:

maturity (years)

1

2

3

4

5

zero-coupon ytm

5.80%

5.50%

5.20%

5.00%

4.80%

what is the price today of a two-year, default-free security with a face value of $1000 and an annual coupon rate of 5.75%? does this bond trade at a discount, premium, or at par?

2. explain why the expected return of a corporate bond does not equal its yield to maturity.

3. the prices of several bonds with face values of $1000 are summarized in the following table:

bond a b c d

price $972.50 $1040.75 $1150.00 $1000.00

for each bond, state whether it trades at a discount, at par, or at a premium.

Which of the following is intended to demonstrate to an employer the importance of cooperating with workers? a. a collective agreement. b. a stock offer. c. a boost in production. d. a work slowdown. 2b2t

1. gar principles or "the principles"are intended to do what?

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities