a. Calculate the duration of a $1,000 7% coupon bond with three years to maturity. Assume that all market interest rates are 6%. Show the computations in two different ways (Calculator inputs/Discounting by using the formula/Excel spreadsheet). b. Calculate the expected price change if interest rates increase to 6.75% using the duration approximation.

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.

Personal financial planning is the process of creating and achieving financial goals? true or false

Which of the following is least likely to a team solve problems together