You have just been offered a $1,000 par value bond for $847.88. the coupon rate is 8 percent, payable annually, and annual interest rates on new issues of the same degree of risk are 12 percent. you want to know how many more interest payments you will receive, but the party selling the bond cannot remember. can you determine how many interest payments remain?

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a