sued 20-year bonds 15 years ago when market interest rates were relatively high. The bonds have a coupon rate of 8.125%, semiannual payments, and a par value of $1,000. a. Given current market interest rates and the risk of the company, investors require a return of 3% to invest in these bonds. What is the intrinsic value of the bond? b. Suppose the bond’s closing price is quoted at 121.50. What is the bond's current yield? c. If you buy the bond at the quoted closing price, what is the bond's yield to maturity?

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.

The adjusted trial balance for china tea company at december 31, 2018, is presented below: