1 diane and rachel operate a restaurant at the county fair, Ask an Expert

Finance

1. Diane and Rachel operate a restaurant at the county fair every year to raise money for the local 4-H Club. They decide together what to serve, what hours to operate, and generally how to run the business. Do they have a partnership? Explain rationale.

2. A 4 year maturity 12% coupon annual payment corporate bond with a required rate of return of 12% has a duration of how many years?

3. A 4 year annual payment 5% coupon treasury bond has a price of $1023. The bond's YTM must be?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92693351

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