1. A bond with face value $1000 has a coupon rate of 8% and the market rate of 10%. What is the bond’s price? 2. A 6-year ABC bond (face value of $1000) pays interest of $80 annually and sells for $950. What are its coupon rate‚ and yield to maturity? If ABC wants to issue a new 6-year bond at the same face value and price‚ what will the new coupon rate be? 3. A 30-year Treasury bond is issued with face value of $1000‚ paying interest of $60 per year. If market yields increase shortly after
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sometimes you make good ones and sometimes you make bad ones. In my case I’ve mad a some bad choices lately. I’ve learned the hard way about making bad choices. In some ways I think learning the hard way was good for me‚ otherwise I might not have learned at all. After being in trouble and experiencing the guilt from putting worry on my parents shoulders‚ I have new motivation to get everything straight with my life. About a month ago I made a really bad decision. I gave a boy named Porfi my phone after
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In present day‚ society has developed the common misconception that in order for people to be happy and attain a high quality of life‚ they must undergo many hardships‚ as demonstrated by the ‘American Dream.’ In the short story‚ “Dead Man’s Pockets” by Jack Finney‚ Tom Benecke believes in this misconception; and in order to achieve this false idea of happiness‚ he works countless hours to change his life without appreciating the good that was already present—in other words‚ his family. Such struggles
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Chapter 1 Marketing: Creating and Capturing Customer Value 1) All of the following are accurate descriptions of modern marketing‚ EXCEPT which one? A) Marketing is the creation of value for customers. B) Marketing is managing profitable customer relationships. C) Selling and advertising are synonymous with marketing. D) Marketing involves satisfying customers’ needs. E) Marketing is used by for-profit and not-for-profit organizations. Answer: C Diff: 2 Page Ref: 2 and 4 2) According
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How Friends Go Bad We’ve all lost friends throughout our lives and there are many reasons why we’ve decided to end our friendships with them. Over time people change‚ and the person you used to be friends with might not be the kind of friend you want in your life anymore. Honesty‚ selflessness and dependability are characteristics of a good friend‚ and if your friends don’t possess these qualities you may want to reconsider your friendship with them. The most important part of any friendship
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Securing Plastic Money Using an RFID Based Protocol Stack Rishab Nithyanand Department of Computer Science University of California - Irvine rishabn@uci.edu Abstract. Since 2006‚ there have been three major systems that have been implemented in an attempt to reduce the threat of credit card fraud - Chip and PIN (United Kingdom)‚ Chip Authentication Program - CAP (European Union)‚ and RFID enabled credit cards (United States of America). In spite of a big effort by the EMV1 ‚ there has been
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Most people never get rid of bad habits‚ mostly because they fail to do what needs to be done. They also have a lack of being focus. Their attitude is poor to decision of choice. Kicking a bad habit is something people should take lightly. Getting rid of something that’s having a big impact on your life in a negative way needs to be removed. You never take this journey without help from friends or others. Most People fail at kicking a Bad habit away. Due to the fact that they don’t know
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A very popular 1995 film involving crime is “Bad Boys” directed by Michael Bay. Michael Bay and his team of writers were able to film a highly intense action-comedy based around two detectives fighting organized crime. By examining distortions‚ crime causation theories‚ and the image portrayed in “Bad Boys‚” the viewer is absorbed into the Hollywood perspective of our justice system. “Bad Boys” is a hilarious action filled movie that distracts the viewer from things like logic and coherence
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Shiplier talks about con artists in the loan programs in America. You will pass by buildings that say “Quick Cash” or “Easy Money”‚ tricking people into thinking that they will be able to pay off what they need to and be done. When in fact it is a whole mess of loans between you and them‚ Shipler explains what happens in the payday loan business but he talks about an Indiana woman that had to learn the hard way. Her loan did not go through and the payday loan officer charged her extra fees‚ so she
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“Bad Company” The time of the classic cowboy was so short‚ less than 50 years‚ and yet the rebels and outsiders of the old west live on as a key icon of American history. The glorification of the cowboy stands alone in history; Europe’s knights and Japan’s samurai were warriors not outlaws or bandits. Due to their unique position of being both honored and despised‚ the cowboy experienced pressures unlike any other icon in history. This position allowed them to become glorified as a classic hero in
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