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1. Sure Tea Co. has issued 7% annual coupon bonds that are now selling at a yield to maturity of 10% and current yield of 9.0492%. What is the remaining maturity of these bonds?

2. Which of these self-employed scenarios is a return able to be completed at Tax Help Colorado sites:

a. Linda started a new business towards the end of the year and received $750 in payments and had $1,000 worth of allowable expenses.

b. George did not record his business miles and is not make an accurate estimate but would like to deduct the cost of vehicle repairs including new tires and a new transmission.

c. Brooke worked as a babysitter during the year. She received $13,450 in payments. Her expenses included $600 in advertisements, $900 in diapers, $300 for toys and crafts, $2,550 for snacks for the children, and logged 1,380 business miles.

d. Cassandra sold jewelry online as an extra source of income. At the end of the year she sold 30 necklaces and 13 bracelets but at the end of the year still had 6 of each left over.

Financial Management, Finance

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