Michael owns a portfolio that consists of the following two bonds: Bond A: $1,000 par value bond with 8% annual coupons yields an effective interest rate of 6%, maturing in 10 years. Bond B: $1,000 par value bond with no coupons yields an effective interest rate of 7%, maturing in 5 years. Calculate the modified duration of the portfolio.

The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?

Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?