A company issues a ten-year $1,000 face value bond at par with a coupon rate of 6.7% paid semiannually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.1%. What was the percentage change in the price of the bond over the past two years?

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form

Acompany's culture is made up of: a. the company's vision and mission statement. b. its behavior patterns. c. whatever the board of directors says it is. d. the image the ceo wants to project.

What is the interest rate charged per period multiplied by the number of periods per year called? effective annual annual percentage periodic interest compound interest daily interest?