Five years ago, simpson warehouses inc. issued twentyminusfiveminusyear 10% annual coupon bonds with a $1,000 face value each. since then, interest rates in general have risen and the yield to maturity on the thompson bonds is now 12%. given this information, what is the price today for a thompson tarps bond?

The price today for a Thompdon

tarps bond is $850.61

Explanation:

coupon rate = 10%

NPER = 20

Face value = $1000

PMT = Face value*coupon rat

        = 100

yield = 12%

price = PV = $850.61

Therefore, The price today for a Thompdon

tarps bond is $850.61

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

fractionally backed paper money

fiat money

paper money

metallic money