What is the price of a bond which has a face value of $10,000, a maturity of 15 years, a coupon rate of 7% (paid semi-annually), and a current yield in the market of 9%?

Question 31 options:

A)	$10,000.00

B)

$8,371.11

C)

$9,078.98

D)

$10,900.00

You invest in a project that has a depreciable asset. The asset is depreciable under the 5-year MACRS category. The depreciation percentages for all six years are: 0.20, 0.32, 0.192, 0.115, 0.115, 0.058. On an asset worth $125,000, how much depreciation do you get to claim in year 4?

Question 36 options:

A)

$14,375

B)

$7,250

C)

$24,000

D)

$40,000