1)What is interest rate risk? Which bond has greater interest rate risk, a 10-year zero-coupon Treasury STRIPS or a 10-year Treasury Note?

2)What is the difference between a bond's promised yield and its realized yield? Which is more relevant? When we calculate a bond's yield to maturity, which of these are we calculating?

3)Rolling Company bonds have a coupon rate of 2.50 percent, 11 years to maturity, and a current price of $1,024.24.What is the YTM? The current yield?

4)Atlantis Fisheries has issued a zero-coupon bond at a price of $700 per bond. Each bond has a face value of $1,000 at maturity in 15 years. If these zero-coupon bonds are callable in 10 years at a call price of $850, what is their yield to call?

5)Suppose the yield to maturity on a 2.75% coupon bond is 2.00%. The bond has a face value of $1,000, pays coupons semi-annually, and has a Macaulay duration of 12.91 years. Its price is 908.32. What is this bond's modified duration?

Now suppose the yield to maturity on this bond increases to 2.50%.Approximately what will be the percentage increase in the bond's price? Approximately what will the new price of the bond be? (Its actual new price would be $852.53).

Utilitarianism is: A theory from moral philosophy that argues that an act is right if it serves to maximize the attainment of human satisfaction. OA theory from moral philosophy that argues that profit and financial well-being are important parts of evaluating an ethical situation and should not be ignored or dismissed. A theory from moral philosophy that argues that we should always choose the action that will best benefit us as individuals Question 4 2.5 pts The author, Kelman, analyzes cost-benefit analysis through the lens of ethical theory. He argues for three conclusions. Which of the following IS NOT one of Kelman's conclusions? O In areas of environmental, safety. and health regulation, there may be many instances where a certain decision might be right even though its benefits do not outweigh its costs. Of Given the reasons why it is problematic to monetize non-marketed benefits or costs that is a prerequisite for cost-benefit analysis, it is not justifiable to devote major resources to the generation of data for cost-benefit calculations or to undertake efforts to further promote cost-benefit analysis. Getting decision-makers to make more use of cost-benght techniques is important enough to warrant both the expense required to gather the data for improved cost-benefit estimation and the political efforts needed to give the activity higher priority compared to other activities, (): There are good reasons to oppose efforts to put dollar values on on-marketed benefits and costs,68. The fundamental unit of matter is the sugar molecule. A. True B.False 69. Ecosystem boundaries are usually defined by easily identifiable demarcations. A. True B.False 70. Environmental science is an interdisciplinary area of study that deals with all of the follo except A. politics. B. economics. C. ethics. D. All of these are correct. 71. Damming water changes its quantity and not its quality. A. True B.False 72. Evaluate the ratio [H+] at pH 3 / [H+] at pH 7. A. 0.0001 B. 0.001 C. 0.429 D. 10.000Demand for a new product will decline as competitors enter the market. If interest is 10%, what is an equivalent uniform value? Year Revenue 1 $24,000 2 18,000 3 12,000 4 l5,000 24,000 13,000 12,000 A' A' A' A\" 6000 01234 = 01234 A. $15,714 per year B. $15314 per halfyear C. $15,614 per year D. $15,614 per half year E. No correct answer Engineering Economics Question: A company will install one of the following two systems. Assume that the MARR is 5%, and that the service will be needed forever. Determine which alternative should be selected. System A System B Initial investment $28,000 $55,000 Annual expenses $15,000 $13,000 Useful life 12 years 18 years Salvage value at end of life $ 2,800