You are analyzing a project and have developed the followingestimates. The depreciation is $72,000 a year and the tax rate is35 percent. What is the operating cash flow?

Unit Sales	2,900
Price per Unit	$220
Variable Costs per Unit	$160
Fixed Costs	$28,500

A 9 percent bond has a yield to maturity of 6.75 percent, 10 yearsto maturity, a face value of $1,000, and semiannual interestpayments. What is the amount of each coupon payment?

Gordon Industries has 6 percent coupon bonds outstanding with aface value of $1,000 and a market price of $959.21. The bonds payinterest annually and have a yield to maturity of 6.5 percent. Howmany years will it be until these bonds mature?