Suppose that all investors expect that interest rates for the 4 years will be as follows: Year Forward Interest Rate
0 (today)6 %
1 7 %
2 9 %
3 10 %
What is the price of a 3-year zero-coupon bond with a par value of $1,000?
A) $765.55
B) $863.83
C) $772.18
D) $816.58
E) None of the options are correct.

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Only the united states has embassies. true or false

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)