Q1. Assume that as of today, the annualized interest rate on a three-year security is 10 percent, while the annualized interest rate on a two-year security is 7 percent. Use this information to estimate the one-year forward rate two years from now. (3 points) Q2. You need to choose between investing in a one-year municipal bond with a 7 percent yield and a one-year corporate bond with an 11 percent yield. If your marginal federal income tax rate is 30 percent and no other differences exist between these two securities, which would you invest in? (3 points) Q3. A corporation is planning to sell its 90-day commercial paper to investors offering an 8.4 percent yield. If the three-month T-bill's annualized rate is 7 percent, the default risk premium is estimated to be 0.6 percent and there is a 0.4 percent tax adjustment, what is the appropriate liquidity premium? (4 points) 2.) At many organizations, goals include improving people's performance by relying on knowledge workers, empowering employees, and assigning work to teams. How can HRM support these efforts ? (LO 2-2) 7.) What HRM functions could an organization provide through self-service? What are some advantages and disadvantages of using self-service for these functions? (LO 2-6) 8.) How is the employment relationship that is typical of modern organizations different from the relationship of a generation ago? (LO 2-7) 9.) Discuss several advantages of flexible work schedules. What are some disadvantages? (LO 2-8)