What is cultural imperialism? A. the impact of a nation’s culture on its trade policies B. the imposition of a foreign culture on a nation’s population C. the impact of culture on people’s buying and spending habits D. the spread of foreign culture through immigrants from various nations

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: