Use a 1-year, 3% coupon (annual), $1000 face value bond and a 6 year 8% coupon (annual), $1000 face value bond to create an immunized portfolio that will be worth $1000 million in 3 years. Assume the annual discount rate is 3% for both bonds. Check to see if your portfolio is immunized by showing how much money your portfolio will be worth in 3 years if interest rates rise to 4% at the beginning of year 2 (annual rates of 3%, 4%, 4%, 4%, 4%, 4%). Alternatively, show what your portfolio would be worth in 3 years if rates rise to 10% at the beginning of year 2 but return to 4% at the beginning of year 3 (annual rates of 3%, 15%, 3%, 3%, 3%, 3%). You should be not immunized as well in this case. Intuitively, why not

4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?

Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.