Yield to call it is now january 1, 2015, and you are considering the purchase of an outstanding bond that was issued in january 1, 2013, it has a 9.5% annual coupon and had a 30-year original maturity. (it matures on december 31, 2042.) there is 5 years of call protection (until december 31, 2017), after which time it can be called at 109—that is, at 109% par, or $1,090. interest rates have declined since it was issued, and it is now selling at 116.575% of par or $1,165.75.

a. what is the yield of maturity? what is the yield to call?

b. if you bought this bond, which return would you actually earn? explain your reasoning.

c. suppose the bond had been selling at a discount rather than a premium. would the yield to maturity have been the most likely return, or would the yield to call have been most likely?

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity. why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage