A 20-year bond with 10% yearly coupons has a 9.25% current yield.  It can be called in three years at a call price of $1050.  Find the yield to call.

You invest $6,000 today and after thirteen years your investment has grown to $10,000.  What is your yearly rate of return?         

XYZ Corporation’s bonds are priced for a yield to maturity of 5.2% and have a rating of BB.  According to the rating agency, the historical yearly default rate of BB bonds has been 3.1%, and bondholders have typically lost 80% of their value.  Which of the following is an estimate of XYZ’s cost of debt from this information?

Teams can satisfy important personal needs for their members, such as affiliation and esteem.

_____ have specific assignments, such as research, and members usually must contribute expert knowledge and judgment.

People should pursue goals that do NOT conflict with their personal values.

On receiving feedback, one should ideally

In the trait approach to leadership, _____ refers to a set of characteristics that reflect a high level of effort, including high need for achievement, constant striving for improvement, ambition, energy, tenacity, and initiative.

In a new team environment,

Most waves reach the shoreline perpendicular to the coast.