This morning, Ryan found an aged bond certificate in an old…

This morning, Ryan found an aged bond certificate in an old desk drawer he bought at an estate sale. He picked it up and noticed that it was a 50-year bond that matured today. He presented the bond to the bank teller at his local bank and received payment for the entire principal and the final interest payment. Which one of the following must have been the bond that Jeff found? 

Assume the linear demand and supply schedules for the avocad…

Assume the linear demand and supply schedules for the avocado market are represented by the following data:   Quantity   Quantity  demanded Price ($) supplied   1.00 0 3000   3000 0 5.00     Calculate the value of consumers surplus realized from the avocado market. Enter the value using two decimal places, rounding up if the calculated value of the third decimal place is 5 or higher.  Do not enter “$” or commas.   Hint: Sketch the market and identify the three corners of the triangular area that represents consumers surplus. The information given includes two points on the demand schedule and two points on the supply schedule.

Suppose that a small, rural city in the countryside of North…

Suppose that a small, rural city in the countryside of North Dakota plans to issue $150,000 worth of 10-year bonds. Which one of the following components of the bond’s yield will be affected by the fact that no active secondary market is expected for these bonds?

Which of the following statements is/are correct? I. The quo…

Which of the following statements is/are correct? I. The quoted bond price (clean price) excludes accrued interest.II. The invoice price (dirty price) is the price actually paid and includes accrued interest.III. Accrued interest is the interest earned since the last coupon payment and is paid by the buyer to the seller.IV. A bond indenture typically includes provisions such as total amount issued, call options, sinking fund rules, and protective covenants.

This morning, you purchased a stock that will pay an annual…

This morning, you purchased a stock that will pay an annual dividend of $2.20 per share next year. You require a 15 percent rate of return and the dividend increases at 3.5 percent annually. What will your capital gain be in dollars on this stock if you sell it three years from now?