Anewly issued 10-year maturity, 7% coupon bond making annual coupon payments is sold to the public at a price of $975. what will be an investor’s taxable income from the bond over the coming year? the bond will not be sold at the end of the year. the bond is treated as an original issue discount bond. (round your answer to 2 decimal places.)

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account