16-point question 1. Eight years ago you bought a $750,000,…

16-point question 1. Eight years ago you bought a $750,000, 25-year, deep discount bond with a market interest rate of 7.84%. Since     then market rates have fallen to 6.65% and you find that you must sell the bond. a. Calculate the initial and current price of the bond.            b. Calculate the annual holding period yield on this instrument and compare it to the yield to maturity you were     expecting when you purchased the instrument. c. Explain whether your return would have been relatively greater or less than you received in part b if you held a    15-year instrument initially. Support your conclusion with the appropriate work. d. Explain whether your return would have been relatively greater or less than you received in part b if you held a     5-year instrument initially.

A company wants to assess the effects of a new training prog…

A company wants to assess the effects of a new training program in increasing job knowledge.  All of its employees are assigned to either one of three groups.  One group receives the training from a teacher, one group receives training on computer diskette, and one group receives no training at all.  Afterwards, the employees take a job knowledge test.  The appropriate test to analyze this data would be the