Question
need this 2 plsss Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate,
need this 2 plsss
Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate, paid semiannually. The bonds have a yield to maturity (YTM) of 6%. What is the price of the bonds?
A. | $1,405.64 | |
B. | $989.37 | |
C. | $1,148.77 | |
D. | $1,024.73
|
The shareholders of the Unicorn Company need to elect 3 new directors. There are 2,000,000 shares outstanding. If there are 5 candidates for the 3 board positions, how many shares do you need to be certain that you can elect at least one director under cumulative voting system?
A. | 400,001 | |
B. | 500,001 | |
C. | 200,001 | |
D. | 300,001 |
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