Assume a zero-coupon bond that sells for $270 and will mature in 25 years at $1,850. use appendix b for an approximate answer but calculate your final answer using the formula and financial calculator methods. what is the effective yield to maturity? (assume annual compounding. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.