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1. Define what a SWOT is, how it is used to develop a new service or business.  Be sure to write a SWOT for this new service or business.

2. An investor paid a full price of $ 1,059.04 each for 100 bonds. The purchase was between coupon dates, and the accrued interest was $23.54 per bond. What is each bond’s flat price?

3. An investment pay 1000 in three years and 3000 at the end of the fourth year. An investor has purchased it to yield the annual rate i= 0.075. Find the Macaulay duration and the modified duration.

Financial Management, Finance

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