Ray furniture wants to buy a dining room set for $7,000 with a 20% trade discount. ray needs the cash to pay the bill and is considering discounting a 90-day note dated may 12 with a maturity value of $6,500 at hunt bank at a discount rate of 13% on june 5. the bank discount if ray discounts the note is:

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: