Bond A has a price of 2,750 at an annual effective yield rate of 6%. The modified duration of the bond is 12. Bond B has a price of 2,000 at an annual effective yield rate of 6%. The modified duration of the bond is ModDB. If the annual yield rate drops by 2%, both estimated bond prices increase by the same dollar amount using the first-order Macaulay approximation. Calculate ModDB.

Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?

Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted

How are credit unions similar to banks