Perry Inc.'s bonds currently sell for $1,180. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?