Use a 1-year, 3% coupon (annual), $1000 face value bond and a 6 year 8% coupon (annual), $1000 face value bond to create an immunized portfolio that will be worth $1000 million in 3 years. Assume the annual discount rate is 3% for both bonds. Check to see if your portfolio is immunized by showing how much money your portfolio will be worth in 3 years if interest rates rise to 4% at the beginning of year 2 (annual rates of 3%, 4%, 4%, 4%, 4%, 4%). Alternatively, show what your portfolio would be worth in 3 years if rates rise to 10% at the beginning of year 2 but return to 4% at the beginning of year 3 (annual rates of 3%, 15%, 3%, 3%, 3%, 3%). You should be not immunized as well in this case. Intuitively, why not

Which statement best defines a grant? a grant is an educational plan in which students alternate between studying for school and gaining work experience. a grant is a loan offered to students to pay for education-related expenses. a grant is money given by an organization for a specific purpose. a grant is a loan offered to anyone who is thinking about attending college.

Identify the three components of a family's culture and provide one example from your own experience

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?