You have a 2 year coupon bond with a coupon rate of 6 percent and a yield-to-maturity of 6.5 (continuously compounded). a. Compute the theoretical bond price. (Hint: Instead of using zero (spot) rate, use the yield to maturity) b. Compute the duration and convexity. c. Compute the new bond price when the yield to maturity moves up 10 basis points. d. Approximately compute the new bond price using only the obtained duration. (Hint: ΔP = − ⋅ Δy) 2 e. Approximately compute the new bond price with the duration and convexity. (Hint: ΔP = −P ⋅ ⋅ Δy + 1 2 P ⋅ ⋅ (Δy)

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.