Question
1. An Apple annual coupon bond has a coupon rate of 7.0%, face value of $1,000, and 4 years to maturity. If its yield to
1. An Apple annual coupon bond has a coupon rate of 7.0%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 7.0%, what is its Macaulay Duration? Answer in years, rounded to three decimal places.
2. Consider company with revenues of $450 million, gross profit of $200 million, operating profit of $175 million and net income of $60 million. What is this company's operating margin? Answer in percent, rounded to one decimal place (e.g., 8.23% --> 8.2)
3. Consider company with revenues of $450 million, operating margin of 50%, net margin of 30.0%, and shares outstanding of 5 million. What is the company's earnings per share (EPS)? Round to the nearest cent (two decimal places).
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