1) Imagine yourself in role of Municipal Manager. describe a community problem which you would like to deal with and choose the kind of bond and 3 terms for the government bond that you would issue to fund correction of the problem. (NOTE: The kinds of government bonds to select from are revenue bonds, general obligation bonds or mortgage bonds. Bond terms comprise coupon rate, maturity date, and frequency of coupon payments). Describe why you selected that bond type and those terms. Additionally, given a yield to maturity rate of 10%, inform whether your bonds will sell at the discount, par, or a premium price. Keep in mind to illustrate your response in essay format with 3 paragraphs.
2) You have a friend who says you that ethics are totally insignificant in business as a number of laws have been set up for us to know rules of game. Do you agree/disagree and describe why? Support your position with 3 facts and the concluding/summarizing paragraph.