Traditional channels of distribution 1. are usually preferred to other distribution arrangements. 2. may involve little or no cooperation among channel members. 3. are easier to control than corporate channel systems. 4. do not perform bulk-breaking activities. 5. are usually controlled through strong legal contracts.

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

Sports leave thousands of college athletes with little time for their studies. this is an example of

Use the drop-down menus to complete the statements about credit reports and scores. a credit report summarizes a person’s . a credit score is a measure of a person’s as a borrower. is a factor that contributes to a person’s credit score.