Me!

if you primarily sell false noses, wigs, and polka-dot jumpsuits to professional clowns, except for once a year, when children buy your products to wear at halloween, the children are your

a. minor clientele.
b. secondary target market.
c. primary target market.
d. annual consumers.

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: